BREAKING: April inflation rate surges to 3.8%

We're back with some breaking inflation data and what could be the clearest look at the economic impact of the Iran war. >> Yeah. In April, inflation rose 3.8% yearover-year.That's the highest level in nearly 3 years. It was up 0.6% month overmonth. >> Here with us is NBC News chief business correspondent Christine Romans.We're also joined by Investopedia's editor and chief and chief business editor of People Inc. Caleb Silver. Good morning to you both. Christine, I'll start with you just to walk us through ...