Uptick in inflation reflects the economic struggles of many Americans

Inflation grew at an annual rate of 3. 4 in December, higher than economists had predicted. The increase could impact whether the Federal Reserve chooses to lower interest rates. Higher prices and mortgage rates have also left many Americans struggling. Jo Ling Kent has more. CBS Evening News with Norah O Donnell delivers the latest news and original reporting, and goes beyond the headlines with context and depth. Catch the CBS Evening News every weekday night at 6:30 p. m. ET on the CBS Television Network and at 12 a. m. ET on the CBS News app. Subscribe to the CBS Evening News YouTube channel: Watch full episodes of CBS Evening News : Follow CBS Evening News on Instagram: Like CBS Evening News on Facebook: Follow CBS Evening News on Twitter: twitte