Inflation Eases Slightly, but Challenges Persist

As we continue to cover what matters to voters this election—the economy and inflation—we turn to April's CPI report, which is the inflation report.
It is up 3.4% year-over-year and down slightly from March's CPI of 3.5%—and still not close to the target of 2%.
Ted Thatcher, President of Bright Lake Wealth Management joins OAN's Alicia Summers to discuss the ramifications and what this could mean for the Federal Reserve Potentially cutting interest rates this year.