Inflation Pain for Stocks, Musk Defends DOGE, Exclusive With BofA CEO Moynihan 2/12/25

Inflation Watch: Carl Quintanilla, Sara Eisen and Michael Santoli explored what to make of stocks falling and yields spiking after January CPI came in hotter-than-expected. The anchors also discussed Elon Musk's defense of the Department of Government Efficiency -- after President Trump signed an executive order giving DOGE more power tofind ways to cut federal spending. In a CNBC Exclusive, Leslie Picker sat down with Bank of America CEO Brian Moynihan to discuss everything from interest rates to President Trump's message on debanking conservatives. Also in focus: Day 2 for Fed Chair Powell on Capitol Hill, SoftBank's surprise loss and CEO Masa Son's AI bets, earnings winners and losers. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

Inflation Watch: Carl Quintanilla, Sara Eisen and Michael Santoli explored what to make of stocks falling and yields spiking after January CPI came in hotter-than-expected. The anchors also discussed Elon Musk's defense of the Department of Government Efficiency -- after President Trump signed an executive order giving DOGE more power to find ways to cut federal spending. In a CNBC Exclusive, Leslie Picker sat down with Bank of America CEO Brian Moynihan to discuss everything from interest rates to President Trump's message on debanking conservatives. Also in focus: Day 2 for Fed Chair Powell on Capitol Hill, SoftBank's surprise loss and CEO Masa Son's AI bets, earnings winners and losers. Squawk on the Street Disclaimer

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This episode was published on February 12, 2025.

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