Fox News shares major breaking alert – and its | TV Shows
Fox News shared a major breaking news alert, and it is unhealthy news for Donald Trump.
On Friday, April 10, Fox News paused the coverage of its show America’s Newsroom for a breaking news alert that issues all Americans: inflation. The show’s co-hosts, Dana Perino and Bill Hemmer, had just completed an interview during another phase when Hemmer alerted viewers to the update on rising prices, one thing Trump promised would not occur.
Perino then said, “And we’re getting new inflation numbers as those talks with Iran are set to get underway. The Consumer Price Index rising to 3.3 percent last month from the same time a year ago, and that marks the largest monthly increase since June of 2022.” This comes as Trump posted a cryptic 4-phrase message as Iran threatens new assaults.
Perino then cut to Fox Business reporter Connor Hansen for more particulars. From the White House, he said, “We’re starting to see the impacts this conflict is having, other than just higher oil prices.
“This morning that CPI report displaying inflation grew almost one % in March. Now, taking a look at some more of these numbers, that headline CPI was on par with what economists predicted, triple the growth we noticed in February, the most important increase since June of 2022.”
Hansen continued, “Energy and gasoline prices are up month over month by 10.9 and 21.2 %, respectively. After the battle with Iran halted oil shipments from the Middle East, stripping out food and vitality prices, core CPI is 2.7 %.
“That was expected to increase .3 percent since February to March. This goes above the Feds’ target range and will play a major role in this month’s Fed meeting.
“The battle continues to push up gasoline costs, with today’s average at $4.15 a gallon. A month in the past, that was $3.54. Crude oil is hovering around $98 a barrel. Many argue markets are reacting to a momentary spike.”
Fox Business continued to report online that the Bureau of Labor Statistics on Friday said the consumer price index (CPI), a broad measure of how much everyday goods cost, rose 0.9% from a month ago and is 3.3% higher than last year.
The annual figure rose from last month’s 2.4% reading, while the monthly increase also rose markedly from last month’s 0.3% reading.
Both the 0.9% monthly increase and 3.3% annual rise were expected by economists polled by LSEG.
Core prices, which exclude volatile measures of gasoline and food to better analyze price growth trends, were up 0.2% on a monthly basis and 2.6% year over year.
Both figures were slightly lower than economists’ predictions of 0.3% and 2.7%, respectively.
Meanwhile, the core CPI figures were slightly higher than February’s reports, which showed prices rose 0.2% month over month and 2.5% year over year.
Economists have revealed that inflation data from December 2025 through April 2026 will be affected by data collection interruptions stemming from last fall’s 43-day government shutdown.
The inflation data is a major blow to the Trump administration, as the president promised to lower costs for Americans during his re-election campaign.
For months, Trump has asked Federal Reserve Chairman Jerome Powell to lower interest rates, citing that lower borrowing costs would spur growth and offer relief to Americans.
Meanwhile, Fed officials want clearer evidence that inflation is lowering before slashing the interest rates.
In mid-March, Trump pressed Powell to cut interest rates “immediately,” as fallout from the war in Iran sparked an energy price spike.
“Where is the Federal Reserve Chairman, Jerome “Too Late” Powell, today? He must be dropping Interest Rates, IMMEDIATELY, not ready for the next assembly,” Trump wrote in a Truth Social post, mocking Powell with a nickname.
Fox News shares major breaking alert – and its
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