President Trump Weighs in on Big Inflation Numbers Just In

Summary

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Podcast Summary: Fox News Hourly Update

Episode: President Trump Weighs in on Big Inflation Numbers Just In
Date: September 10, 2025
Host: Dave Anthony

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Episode Overview

This FOX News Hourly Update delivers a fast-paced overview of key political and economic developments in the U.S. Main themes include President Trump’s reaction to newly released inflation data, ongoing federal interventions in crime and immigration policies, as well as updates on pending legal and policy battles surrounding tariffs and pharmaceutical regulations.

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Key Discussion Points & Insights

1. President Trump Reacts to Decline in Inflation

• Initial Reaction:
  President Trump immediately took to Truth Social, celebrating an inflation update with the dramatic post "No inflation!!!".

  • Quote: “President Trump just posted that with three exclamation points on Truth Social.”
    — Dave Anthony, [00:02]

• Pressure on Federal Reserve:
  Trump renews criticism of Fed Chairman Jerome Powell, calling for a rate cut at the upcoming meeting.

  • Quote: “…he again demanded the Federal Reserve chairman he calls a disaster. Jerome Powell must lower interest rates, which could happen at the Fed meeting next month.”
    — Dave Anthony, [00:08]

2. Updated Inflation Data

• PPI Numbers:
  Jenny Casola provides specifics on the Producer Price Index, noting:

  • Wholesale prices fell 0.1% in August, both overall and in the core measure (excluding food and energy).

  • The annual PPI rose 2.6% year over year, a decline from July’s rate.

  • Quote: “Prices at the wholesale level declined 1.10 of a percent in August…for the year ending in August, the PPI was up 2.6%.”
    — Jenny Casola, [00:22]

• Upcoming Data:
  Consumer price index data is due the next day, which could further impact Fed decisions.

  • Quote: “Tomorrow we’ll get the report on consumer prices again. That Fed meeting is next week.”
    — Dave Anthony, [00:37]

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3. Federal Action on Crime and Immigration

• Washington, DC:
  Trump’s 30-day federal takeover of the DC police ends, with the president calling the city “crime free.”

  • Quote: “He went out to dinner last night calling DC Crime free.”
    — Dave Anthony, [00:48]

• Future Plans:
  Hints at expanding federal intervention to other cities, with National Guard staying in D.C. through November and possible troop deployment to Chicago.

  • Quote: “We’re going to be announcing another city that we’re going to very shortly. We’re working it out.”
    — Unidentified Official, [00:51]

• Immigration Enforcement in Chicago:
  ICE intensifies crackdowns in Chicago, drawing criticism from Democrats and Illinois Governor J.B. Pritzker.

  • Quote: “ICE arrests so far in and around the city that include accused Trende Iraqwa gang members and convicted sex offenders in the country illegally.”
    — Illinois Governor J.B. Pritzker, [01:25]

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4. 2024 Election Aftermath & Political Memoirs

• Kamala Harris Book Preview:
  Excerpts from former Vice President Harris’s upcoming book discuss the Democratic Party's handling of the 2024 presidential run and President Biden’s fitness.
  • Quote: “…she says that Democrats made a mistake letting it just be President Biden’s decision. And…at 81, he was tired, but she never saw him incapacitated.”
    — Dave Anthony, [01:34]

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5. Market Reaction & Tariff Policy

• Stock Market Response:

  • Stocks are mixed. The Dow declines, while the NASDAQ adds over 50 points after hitting a record high the previous day.
  • Quote: “On Wall Street, the report on inflation has stocks mixed.”
    — Dave Anthony, [02:32]

• Trump’s Tariffs & Supreme Court:

  • The declining inflation contradicts predictions that Trump’s tariffs would increase prices.

  • Trump appeals to the Supreme Court to keep controversial tariffs in place.

  • Justice Amy Coney Barrett emphasizes judicial independence in a related statement.

  • Quote (Amy Coney Barrett):
    “If the court were to try to decide cases in a way that it thought the public wanted it to, it wouldn’t be doing its job because sometimes what the law requires runs counter to what the majority may want.”
    — Justice Amy Coney Barrett, [03:03]

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6. Health Policy & Pharmaceutical Regulation

• RFK Jr. as HHS Secretary:

  • Facing criticism from Democrats for changes to vaccine policies and CDC budget, Kennedy pushes “Make America Healthy Again.”

  • New initiatives include stricter nutrition standards and requiring medical schools to teach nutrition.

  • Quote: “We’re changing nutrition standards and baby formula. We are requiring medical schools to do nutrition education.”
    — Robert F. Kennedy Jr., [03:33]

• Crackdown on Pharma Ads:

  • Kennedy pursues tighter regulation of pharmaceutical advertising, citing harmful effects on public health and doctor-patient trust.

  • New requirements for drug companies to list all side effects in ads and crackdown on misleading promotions.

  • Quote: “It’s had a disastrous impact on human health, on people’s relationships with their doctors.”
    — Robert F. Kennedy Jr., [03:48]

  • Details:
    Hundreds of cease & desist and thousands of warning letters are being sent to pharma companies to enforce compliance. — Fox News reporter, [03:53]

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7. Notable Quotes & Memorable Moments

• “No inflation!!!”
  — President Trump via Truth Social (paraphrased by Dave Anthony), [00:02]

• “The annual inflation rate is down from July.”
  — Dave Anthony, [00:37]

• “We’re going to be announcing another city that we’re going to very shortly…”
  — Unidentified Official, [00:51]

• “If the court were to try to decide cases in a way that it thought the public wanted it to, it wouldn’t be doing its job…”
  — Justice Amy Coney Barrett, [03:03]

• “We’re changing nutrition standards and baby formula. We are requiring medical schools to do nutrition education.”
  — Robert F. Kennedy Jr., [03:33]

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Timestamps for Key Segments

• 00:02: Trump’s inflation reaction & Fed criticism
• 00:22: Detailed PPI numbers (Jenny Casola)
• 00:51: Federal interventions in DC & potential next cities
• 01:12: Chicago immigration enforcement (Governor Pritzker, RFK Jr.)
• 01:34: Kamala Harris memoir preview
• 02:32: Market reaction & tariffs update
• 03:03: Justice Barrett on Supreme Court independence
• 03:33: RFK Jr. on health and pharmaceutical reforms

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Tone & Style

The episode maintains FOX News’s urgent, direct reporting style, centering breaking news, high-level official commentary, and policy implications in politics, economics, and health.

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This summary captures the episode’s main developments and the interplay between economic data, political action, and public policy, providing listeners with a comprehensive update on current national issues.

Transcript

[Dave Anthony]

No inflation. I'm Dave Anthony, FOX News. President Trump just posted that with three exclamation points on Truth Social, reacting to a better than expected update on wholesale prices. And he again demanded the Federal Reserve chairman he calls a disaster. Jerome Powell must lower interest rates, which could happen at the Fed meeting next month. Wait.

[Jenny Casola]

The producer price index prices at the wholesale level declined 1.10of a percent in August. It also declined 1.10of a percent for the core PPI, excluding food and energy. For the year ending in August, the ppi was up 2.6%.

[Dave Anthony]

That's Fox's Jenny Casola. The annual inflation rate is down from July. Tomorrow we'll get the report on consumer prices again. That Fed meeting is next week. President Trump's 30 day federal takeover of Washington police ends today. He went out to dinner last night calling DC Crime free.

[Unidentified Official]

We're going to be announcing another city that we're going to very shortly. We're working it out. The governor of a certain state would love us to be there.

[Dave Anthony]

National Guard troops will remain on patrol in D.C. through November. The president's threatened to send troops to Chicago where a new immigration enforcement operation is underway. The Democrats object to. Seems to me like the world is upside down.

[Illinois Governor J.B. Pritzker]

Illinois Governor J.B. pritzker, ICE action that border czar Tom Homan says is targeting the worst of the worst.

[Robert F. Kennedy Jr.]

President said weeks ago, I said weeks ago that with sanctuary cities, how are we going to address it? We're going to flood the zone with.

[Illinois Governor J.B. Pritzker]

ICE arrests so far in and around the city that include accused Trende Iraqwa gang members and convicted sex offenders in the country illegally.

[Dave Anthony]

Fox's Jeff Manassonex starts out this morning in the Atlantic from former Vice President Harris's book that'll be out in two weeks about her 2024 White House run. The Polish Pride seems to me like in that book she says that Democrats made a mistake letting it just be President Biden's decision. And they she also said that at 81, he was tired, but she never saw him incapacitated. America's listening to FOX News.

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[Dave Anthony]

Well, on Wall street, the report on inflation has stocks mixed. The Dow is dropping with the NASD is adding more than 50 points on top of yesterday's record high close. Now inflation going down is counter to what some Trump critics have warned about the tariffs the president has imposed on imports from around the world. Courts have ruled he acted illegally, but the Supreme Court will take up his appeal trying to keep the tariffs in effect with a hearing in November. Justice Amy Coney Barrett said at the Reagan Library in California, if the court.

[Justice Amy Coney Barrett]

Were to try to decide cases in a way that it thought the public wanted it to, it wouldn't be doing its job because sometimes what the law requires runs counter to what the majority may want.

[Dave Anthony]

While many Democrats keep calling Robert F. Kennedy Jr. For being to be removed as Health and Human Services secretary over vaccine policy changes and cutbacks at the CDC that they say endanger Americans health, he keeps pushing what he calls a Make America Healthy Again agenda, telling Fox.

[Robert F. Kennedy Jr.]

We'Re changing nutrition standards and baby formula. We are requiring medical schools to do nutrition education.

[Dave Anthony]

Kennedy's also taking on drug companies over what he calls misleading ads and TV commercials and social media.

[Robert F. Kennedy Jr.]

It's had a disastrous impact on human health, on people's relationships with their doctors.

[Fox News Reporter]

Health and Human Services secretary Robert Kennedy Jr. On Fox's Special Report, says it allows the administration to reinstate a requirement for drug companies to state all their side effects and ads. Officials say the initiative would also pressure drug companies to abide by transparency laws with the sending hundreds of cease and desist and thousands of warning letters to companies saying it plans to enforce current regulations surrounding drug ads. On Capitol Hill, Ryan Schmell's Fox News.

[Dave Anthony]

On Wall street we had the mixed market. The price of oil is up a half dollar. I'm Dave Anthony. This is Fox News.

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