US Core CPI Picks Up to Fastest Pace Since January | Balance of Power 8/12/2025

From Bloomberg Markets and Finance.

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Peter Navarro, White House senior counselor for trade and manufacturing, reacts to the latest CPI report. Michael Froman, Council on Foreign Relations President, talks about the economic impact of President Trump’s tariffs, and Democratic Mayor Arunan Arulampalam of Hartford, Connecticut & Republican Mayor Jerry Dyer of Fresno, California, share their thoughts on President Trump deploying the National Guard on Washington, D.C.

Chapters:
00:00:00 – Late Edition of Balance Power Begins
00:02:06 – Wendy Benjaminson on How Trump Admin. Framing US Core CPI Accelerated in July
00:05:04 – Power Moves: Romaine Bostick on S&P 500 Hits Record as CPI Fuels Bets on Fed Cut
00:06:43 – Peter Navarro, White House Snr. Counselor for Trade & Manufacturing, on CPI Data, Tariffs, Problems With Fed Chair Powell
00:17:21 – Michael Froman, Council on Foreign Relations Pres., Talks CPI Data & Trump Tariffs, China Tariff Truce Extension, Nvidia & AMD China AI Chip Sales
00:25:00 – Mayor Arunan Arulampalam (D) Hartford, CT Shares His Thoughts on Pres. Trump Deploying National Guard to DC
00:30:53 – Mayor Jerry Dyer (R) Fresno, CA on His Thoughts Of President Trump Cracking Down on DC Crime
00:38:09 – Power Brief: Top Stories Watching Tonight
00:40:35 – Political Panel React to CPI Data & Tariff Impact, Nvidia & AMD Chip Sales, Possible Corruption in Government
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