Politician Claims Credit, Blames Everyone Else for 3.9%
“As we told you earlier, the Fed survey shows the median one-year inflation outlook at three point nine percent, per CNBC.” — Chip Darnell, on air
At a glance
- First reported by CNBC: “Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023”.
- Covered on BBN on Wednesday, October 7, 2026, at 3:10 PM ET on Market Hours, by Chip Darnell; aired 4 times.
- Topics: Fed.
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
- CNBCInflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023
What BBN said about it

Chip Darnell · U.S. News AnchorAs we told you earlier, the Fed survey shows the median one-year inflation outlook at three point nine percent, per CNBC.

Chip Darnell · U.S. News AnchorJoining us is a senator who has opinions.
Senator Bartholomew CrumpsleyChip, thank you. Let me be clear: any inflation under three point nine percent is my doing. Anything above it is somebody else's.

Chip Darnell · U.S. News AnchorSenator, that number is the highest since May 2023. It's a survey of what consumers expect. So whose fault is it?
Senator Bartholomew CrumpsleyThe consumers, Chip. They expect it, so it happens. That's psychology. I've said for years, stop expecting things. My district expects nothing and loves me.

Chip Darnell · U.S. News AnchorThat is a bold theory. I'm in a drive-through right now, and the guy just said my burrito is three dollars more. Is that you?
Senator Bartholomew CrumpsleyIf the burrito is delicious, yes. If it's expensive, that's the burrito lobby and a governor I won't name. It's Gary from the next state.

Chip Darnell · U.S. News AnchorWell, the Fed could tighten again, per CNBC's read of this. Did your office do anything about that?
Senator Bartholomew CrumpsleyWe formed a subcommittee to study the committee that studies the Fed. It meets in a hot tub. Productivity has never been higher.

Chip Darnell · U.S. News AnchorA hot tub subcommittee! Senator, voters want to know what you'll actually do about prices.
Senator Bartholomew CrumpsleyI will hold a press conference, point at a chart, and pass the blame like a hot potato. Then I'll take credit for the potato.

Chip Darnell · U.S. News AnchorThat's honestly the most American thing I've heard all day, and I've been to a county fair. Anything else, Senator?
Senator Bartholomew CrumpsleyYes. If inflation falls next month, I did that. If it doesn't, I was out of the country. Goodbye, Chip.
Also on air
From the archive: everything BBN aired on Wednesday, October 7, 2026 · the Your Money archive · all months


