
CNBC's Rick Santelli reacts to GDP shrinkage: 'Nasty'
Fox News
CNBC's Rick Santelli broke down the quarter one numbers on Thursday and said that the GDP came in at a "nasty minus 1.4."
"We haven't had a minus sign since that nasty second quarter, COVID related, in 2020," Santelli said. "The pricing index, buckle up, 8%, 8%. That is unbelievable. To find a higher number than 8% you have to go back to 1981."
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