Steve Rattner: Inflation, gas prices HURTING Americans

Tuesday's inflation reading came in a bit better than expected, but for individual Americans, the challenge of higher prices remains, in part because the renewed closure of the Strait of Hormuz has already started to push oil prices up again. Among the few winners from the Iranian crisis has been the oil industry, whose profits and stock prices have been soaring. Morning Joe economic analyst Steve Rattner joins with his charts to break it all down.

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