The White House is celebrating the release of a September inflation report (delayed by the Schumer Shutdown) that revealed a 3% annual price rise—below Wall Street's 3.1% forecast.
The news drove major stock indexes toward record highs in pre-market trading, bolstering expectations for further Federal Reserve interest rate cuts.
Rate cuts, which President Trump has been demanding for some time, have the potential to unleash the labor market while making borrowing and spending cheaper for businesses and consumers.
The latest news was good for action on Wall Street.
"Futures in all three major indexes — the S&P 500, Dow Jones Industrial, and Nasdaq — are all at least a half point in the green in pre-market trading, and reaching toward record highs," the Daily Mail reported Friday morning.
Inflation in September smashes economists' expectations AGAIN — with prices holding steady and wages beating inflation.
— Rapid Response 47 (@RapidResponse47) October 24, 2025
President Donald J. Trump's Golden Age is here to stay. pic.twitter.com/Gz0sSnAtie
Amid Tariff Fights, Trump Now Considering Attending Supreme Court Arguments
CNBC anchor Joe Kernen noted that the "sky is falling" predictions from economists and experts about President Trump's tariffs were clearly widely overblown.
"The stock market has been telling us what to believe ever since Liberation Day," Kernan said. "The stock market said this is not going to be the end of the world, like so many—like almost unanimously—business reporters said tariffs were the end of the world, and here we are, what are we up, 36 percent since then?"
The advice of experts and a few bucks will get you a cup of coffee these days. The science on COVID was settled, too, until it wasn't. The math was settled on tariffs, until it wasn't.
Joe Kernen: The stock market has been telling us what to believe ever since Liberation Day. The stock market said tariffs are not going to be the end of the world like so many business reporters said... and here we are — what are we up, 36% since then? pic.twitter.com/85fqLsr0TP
— Rapid Response 47 (@RapidResponse47) October 24, 2025
"Today’s new Consumer Price Index reveals inflation smashed market expectations once again in September — with prices holding steady and wages beating inflation as President Donald J. Trump ushers America into a new Golden Age," a White House press release reads. "Under President Trump, America is back — but inflation is not."
President Trump also posted celebratory messages on his Truth Social platform, noting that the "stock market is stronger than ever before because of tariffs."
"The United States is wealthy, powerful, and nationally secure again, all because of tariffs!" he added.
Panicans, hardest hit.
Donald J. Trump Truth Social Post 07:29 AM EST 10/24/25
— Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts) October 24, 2025
THE UNITED STATES IS WEALTHY, POWERFUL, AND NATIONALLY SECURE AGAIN, ALL BECAUSE OF TARIFFS! THE MOST IMPORTANT CASE EVER IS IN THE UNITED STATES SUPREME COURT. GOD BLESS AMERICA!!!
Still, the administration is warning that the Schumer Shutdown "risks grinding that progress to a halt."
“Inflation came in below market expectations in September thanks to President Trump’s economic agenda. This is good news for American families, and it’s a shame the Democrats are using them as ‘leverage’ to fund health care for illegal aliens," White House Press Secretary Karoline Leavitt said in a statement.
"Democrats choosing to keep the government closed will likely result in no October inflation report, which will leave businesses, markets, families, and the Federal Reserve in disarray.”
Which is precisely what they're hoping for.
House Minority Whip Katherine Clark (MA-05) admitted in a recent Fox News interview that Democrats see the shutdown as a rare "leverage" moment worth the suffering of American families.
🚨 @WhipKClark, the number two House Democrat, on the Democrat Shutdown: "Of course there will be families that are going to suffer... but it is one of the few leverage times we have."
— Rapid Response 47 (@RapidResponse47) October 22, 2025
These people are SICK! pic.twitter.com/7MRHsmGMGx
"Shutdowns are terrible and, of course, there will be, you know, families that are going to suffer. We take that responsibility very seriously," Clark revealed. "But it is one of the few leverage items we have."
Democrats in the Senate voted down the GOP-led stopgap spending bill for a 12th time on Wednesday.
A Reuters/Ipsos poll from last month shows the GOP holds a ten-point lead on the topic of which party has a better plan to fuel the American economy.
The numbers tell the truth. It's the people who are the experts under Trump's administration.
Editor’s Note: The Schumer Shutdown is here. Rather than put the American people first, Chuck Schumer and the radical Democrats forced a government shutdown for healthcare for illegals. They own this.
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