12 PM ET: Inflation loosens grip, Trump and Harris unity, NFL kickoff change & more
CNN 5 Things
CNN
3.7 • 1.3K Ratings
🗓️ 11 September 2024
⏱️ 5 minutes
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| 0:00.0 | Hey there from CNN, I'm Chris Debeau with The Five Things You Need to |
| 0:04.5 | Know for Wednesday, September 11th. |
| 0:08.2 | Inflation continues to loosen its grip on American consumers. The latest inflation |
| 0:12.4 | report out today from the Commerce Department shows price hikes for consumers |
| 0:16.0 | slowed by the most in three and a half years, from a 2.9% annualized rate in July to 2.5 percent in August. The last time it was that |
| 0:25.4 | low was in February 2021 and federal data shows it's a rate that matches the |
| 0:30.0 | average seen in 2018 when Donald Trump was president. This decrease is largely |
| 0:34.9 | due to falling gas prices and stable grocery costs, but the report notes the cost of owning |
| 0:40.0 | and renting a home continues to be the leading driver of inflation. |
| 0:43.6 | This all but submits a quarter-point rate hike from the Federal Reserve when it meets |
| 0:47.8 | next week. |
| 0:48.8 | Vice President Kamala Harris and former President Donald Trump are both claiming |
| 0:53.4 | victory after their debate last night, but voters are ultimately the judge of that. |
| 0:58.0 | Harris's campaign thought it went so well they're challenging Trump to do another |
| 1:01.5 | debate in October, |
| 1:02.8 | while the Trump campaigns pushing for September 25th on NBC. |
| 1:06.5 | Trump wasn't as definitive on Fox News this morning, |
| 1:09.3 | so it's unclear if they'll meet again on stage. |
| 1:11.9 | Either way, |
| 1:12.5 | CNN and Stephen Collins says last night's debate could have already |
| 1:15.9 | helped Harris's campaign. |
| 1:17.6 | If she gets a polling bounce, it could be significant because some of these early |
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