The average price of a gallon of diesel just passed $6 for the first time late last week. Since then, it’s kept climbing and hit $6.31 a gallon this morning. A year ago, it was well under $4. That, of course, has implications for all sorts of other prices across the economy, too — particularly at the grocery store. We explain. Plus, what will a "quieter" Federal Reserve do about persistent inflation?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.Stories covered in this episode:It's only a matter of time before rising diesel prices show up in the grocery aisle

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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