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Transcripts For CNN CNN Newsroom 20240707

good morning everyone. i m bianna golodryga. this just in to cnn, concerning data as the u.s. looks to combat rising inflation. consumer prices rising 4% since september, 8.2 september year over year, higher than experted predicted. cnn business correspondent christine romans joins me to walk through the numbers. these are figures every american feels every time they go to the grocery store or the gas station. why does it remain so stubbornly high? that s the big question. the fed has been raising interest rates for months and these numbers are still near 40-year highs. when you dig inside these numbers and this is what everyone is paying close attention to. when you strip out food and energy, that core inflation, annual core inflation 6.6%. that s the highest since 1982. that s a fresh 40-year high for core inflation. month-over-month core inflation 4.6% matches what we saw in august. you can see how it s off the worst levels that we ve seen earlier this year. maybe show

Transcripts For CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell 20240707

feel any significant relief at the grocery store or gas pump. fuel costs just hit another new high, $4.40 a gallon on average for the first time ever. cnn white house correspondent jeremy diamond is traveling with the president. jeremy, the president gave a speech about inflation yesterday. today it s supposed to be more about food supply. what can we expect? reporter: yeah, victor, but inflation will still be very much top of mind for the president as he addresses this dueling issue of rising food prices, as well as this global food shortage. part of it sparked by the war in ukraine. ukraine/russia, key suppliers of wheat around the world. we ll hear the president address both of those. and the fact that he s talking about inflation for the second day in a row, a reflection of the extent to which he s facing serious political pressure on this issue, a top issue for voters heading into the midterms. today we ll hear the president announce several new steps to help farmers

CVS Pharmacy® introduces Well Market™, a crave-worthy consumables brand

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Wakefern Expanding Paperbird Blue Assortment

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