David Doyle from Macquarie Group joins Morning Movers to discuss this week's top macro headlines including CPI and PPI inflation data. He points to a difference in used cars prices showing a drop in April CPI data versus the Manheim Index actually indicating higher prices, and David believes this could eventually signal a price increase in May's CPI data. His group doesn't believe there will be any rate cuts in 2025, adding that inflationary pressures will be persistent through this year. He believes a "pass-through" effect from tariffs will be fully revealed in the summer months.