4.6 • 1.2K Ratings
🗓️ 11 April 2025
⏱️ 12 minutes
🔗️ Recording | iTunes | RSS
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0:30.3 | Inflation reaches its lowest point in several years as the stock market wobbles. The House of |
0:35.7 | Representatives barely passes the government funding resolution |
0:38.8 | and the SAVE Act. And the Left's complaints reach record discordance. I'm Tony Kennett from the Daily |
0:44.6 | Signals Tony Kenned cast, syndicated nationally at 7 p.m. Eastern. It is Friday, April 11th, |
0:50.4 | 2025. This is the Daily Signals, top news in 10. |
0:58.6 | U.S. inflation for March fell to an annual rate of 2.4% lower than the expected 2.5. |
1:04.9 | This marks the first time since March of 2021 that the core CPI inflation, that's the Consumer Price Index, has dropped |
1:12.9 | below 3%. Month over month consumer prices decreased by 0.1%. That's the first such decline |
1:20.6 | since the onset of the COVID-19 era. The decrease in inflation was influenced by things like |
1:26.9 | falling energy prices, particularly |
1:28.8 | stable gasoline prices, along with reductions in prescription drug prices, airfare used |
1:34.1 | vehicles, and car insurance. While the Trump administration attributes these improvements to |
1:38.9 | economic policies, critics over on the left argue that there is a distinction between controlling inflation and the actual levels of price. |
1:48.0 | And then, of course, we need to take into account whether or not the tariffs on China and the 10% base tariff for non-reciprocal tariff nations, whether or not we're going to see that affect inflation in April. |
2:00.4 | Speaking of China, the Trump administration held a cabinet meeting yesterday, |
2:05.8 | and during this particular meeting, President Trump responded to a question about a couple of |
2:11.4 | actions the communist Chinese government was taking to influence the United States in its |
... |
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