CNN's Egan: November Inflation Number 'Would Be a Terrible Number' 'at Any Other Point in the Last 40 Years' But It Is Improvement

On Tuesday's broadcast of CNN's "The Lead," CNN reporter Matt Egan stated that the November Consumer Price Index (CPI) report is a step in the right direction on inflation, but noted that if we had the 7.1% year-over-year inflation shown in the report "at any other point in the last 40 years...that would be a terrible number."