Airfares have been taking off

One of the fastest-rising prices last month was airline fares. They were up 23% year over year in August, according to the latest reading of the consumer price index, and they’ve been climbing steadily all year. Thing is, demand hasn't slowed, though. We dig in. Also on the show: the higher prices driving the Fed's push for higher interest rates and how Medicaid cuts are starting to show up in state budgets and people's lives.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.