This is a rally, but this is a different kind of thing.

Today we're going to talk about one subject and then we'll start going back to the other

because we sort of love that, don't we?

But it's an important, no, it's an important, they say it's the most important subject.

I'm not sure it is, but they say it's the most important.

So inflation is the most important, but that's part of economy.

Well, there you have it.

Donald Trump undermining what his campaign had hyped as a significant economic address,

but the former president was predictably light on policy and heavy on personal attacks.

We'll show you more of his speech straight ahead.

Speaking of the economy, the United States just reached a major milestone in the fight to bring

down inflation. We'll bring you a reaction from President Biden. And we'll have the latest on

the diplomatic efforts in the Middle East on two fronts, a ceasefire in Gaza and preventing retaliatory

attacks by Iran against Israel.

Good morning and welcome to way too early on this Thursday, August 15th.

I'm Jonathan Lemire. Thanks for starting your day with us.

We've got a lot to get to this morning.

And we'll begin with new data that shows that the U.S. inflation has hit its lowest level in three years.

It's positive news for the economy and could set up the Federal Reserve to cut

interest rates soon, likely next month. President Biden touted his economic policies when he was

asked about the numbers yesterday. As the U.S. beat inflation, Mr. President. Yes, yes, yes. I told you're going to have a soft landing. We're going to have a soft landing.

My policies are working. Start writing that way, okay?

...