“Disappointing”. “Frustrating”. “A rough day for the markets”. After this morning’s cheerful attempts to spin the higher-than-expected Consumer Price Index for January, the networks have very clearly course-corrected. The evening newscasts were far more reflective of the harsh reality of what the report indicated.
Watch the most brutal of these reports, as aired on NBC Nightly News on Tuesday, February 13th, 2024:
LESTER HOLT: Now to the economy and a rough day for the markets. The Dow falling more than 500 points after inflation slowed last month, but not as much as expected. The January Consumer Price Index rose 3.1%, still far from the Federal Reserve’s target. Our senior business correspondent Christine Romans is here to explain what drove the surprise.
CHRISTINE ROMANS: You know, Lester- gasoline and used car and truck prices fell….
