Tariff impact on CPI likely to grow in months ahead, says fmr. NEC Deputy Director Daniel Hornung

For more on what today's data is telling us about the US economy, let's bring Daniel Hornung, former deputy director of the NEC and a current research fellow at MIT. Daniel, it's great to have you on. And let's start right there.What was your read through for CPI and specifically for core CPI which did on an annualized basis come in a little hotter than expected and actually at the highest since February. Um but all not necessarily spiking or or not necessarily spiking uh to the extent that I think some peo ...