What the Inflation Numbers Mean for Your Money

The Consumer Price Index that came out Wednesday shows record high inflation may be easing. Now people are waiting to see what the Federal Reserve will do next. At the same time, credit card debt keeps climbing while Americans are struggling to keep up with the high cost of living. So what do the inflation numbers mean for you and your money? NTD spoke with Ted Rossman, a credit card senior industry analyst at Bankrate, to learn more.