Economy expert explains how war with Iran as affecting your wallet

It has been more than eight weeks since the war with Iran began. And the conflict has driven gas prices up 50%.

The war is straining homebuyers and has pushed inflation to its highest level in nearly two years.

Economists say even if the war ends soon, Americans are likely to feel the financial sting for months.

Alex Jacquez, Chief of Policy & Advocacy at Groundwork Collaborative and former Special Assistant to the President for Economic Development and Industrial Strategy, joined us on The Morning Show to share some perspective.

Jacquez says the impact of what’s going on will be felt for some time to come and affect our bottom line.