One-on-One with Economic Expert, Michelle Schneider with Market Gauge

U.S. inflation reached a new near 41-year record high, the highest it has been since December of 1981. The Labor Department released the Consumer Price Index report for March, showing inflation increased 8.5 percent from a year ago. To put that number into perspective, economists say inflation is usually 2 percent.

Economic Expert, Michelle Schneider with Market Gauge joined OAN's Alicia Summers to discuss what this could mean to you and your family.