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‘These Numbers Are Just Bad!' CNBC's Jim Cramer Rips Trump Amid New Inflation Report [Yahoo! Finance]
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While CNBC's Rick Santelli was over the moon about jobless claims on Thursday morning, Cramer was less than enthused by the latest Personal Consumption Expenditures Price Index (PCE) report from the Bureau of Economic Analysis (BEA) — a key measure of inflation. On Tuesday morning's edition of CNBC's Squawk on the Street , Cramer said the report illustrates the knock-on effects of Trump's war and mocked him for remarks he made at a photo op with the Artemis II crew: CNBC ANCHOR CARL QUINTANILLA: All right. Meantime, there is some macro. The street's digesting a lot of data this morning. We got claims, the Fed's preferred inflation gauge of a PCE, Jim, headline March PCE 3.5 and core 3.2. For a higher number. You got to go back to 23 on that. CNBC HOST JIM CRAMER: Yeah, these numbers are just bad! And somehow we think that bonds and rates are going up. They're barely going up because people still believe that all this has to come down. CNBC ANCHOR CARL QUINTANILLA: You saw the
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