‘My Goodness!!’ CNBC Anchor Flips Out Over ‘WHOPPINGLY Big’ Inflation Number

‘My Goodness!!’ CNBC Anchor Flips Out Over ‘WHOPPINGLY Big’ Inflation Number Amid Trump Moves

Tommy Christopher Aug 14th, 2025, 10:06 am

CNBC anchor Rick Santelli flipped his lid over higher-than-expected inflation numbers, a blow to President Donald Trump’s crusade for an interest rate reduction and his firing of the BLS chief.

On Thursday morning, the Bureau of Labor Statistics released a PPI (Producer Price Index) report that showed much higher inflation than expected :

The Producer Price Index for final demand rose 0.9 percent in July. Prices for final demand services advanced 1.1 percent, and the index for final demand goods increased 0.7 percent. On an unadjusted basis, the index for final demand moved up 3.3 percent for the 12 months ended in July.

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