Video: Consumer prices continue to surge and mortgage rates keep climbing on CNN Nightcap | CNN Business

Consumers continue to be punished by high prices, despite aggressive Fed rate hikes. CNN economic analyst and Financial Times business columnist Rana Foroohar tells “Nightcap’s” Jon Sarlin that homebuyers will still be facing steep housing costs and shoppers may need to cut down on their upcoming holiday shopping. For more, watch the full Nightcap episode here.