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CNBC Warsh: Inflation is too high and has been for too long

@cnbc

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Why it worked

The video likely performed well due to its timely and relevant discussion of inflation, a topic of significant public interest. The clear and concise presentation of data by a credible source (CNBC) would have resonated with viewers seeking information on economic conditions.

Summary

Kevin Warsh states that inflation is too high and has persisted for too long. He notes that recent inflation readings do not indicate a meaningful improvement in underlying trends, citing specific percentages for PCE and CPI prices in August.

Structure

1Inflation is too high and has been for too long.
2Recent readings do not show meaningful improvement.
3Specific inflation percentages for PCE and CPI are provided.
4Many categories are still showing increases above 3%.

Product placement

CNBC (news organization): appears as a watermark and is mentioned in the creator handle and name. Removing it would not change what happens in the video. It merely appears.

Call to action

Find more on #CNBC at #linkinbio or tap the link on screen.

On-screen text

CNBC Warsh: Inflation is too high and has been for too long The plain fact is that inflation is too high and has been for too long. This summer's inflation readings do not tell me trends have meaningfully improved. Based on the most recent CPI and PPI data, the 12-month change in total PCE prices likely was around 3.6% in August. Core PCE and CPI prices running at about 3.2% and 2.4%, respectively. Two many categories are still posting increases above 3% on both a six- and 12-month basis.

Original caption

Federal Reserve Chairman Kevin Warsh emphasized through his opening remarks on Wednesday that neither he nor his fellow policymakers are content with the current pace of inflation. "The plain fact is that inflation is too high, and has been for too long,” he said in opening remarks of his news conference. Find more on #CNBC at the #linkinbio or tap the link on screen.