comparemela.com

Latest Breaking News On - Cooling down - Page 12 : comparemela.com

Albuquerque community centers keeping locals cool

Transcripts for FOXNEWS Cavuto Live 20240604 14:06:00

rates are going up. it s having the corresponding effect of pushing some prices down because demand is hit by that rate rise. yeah. so there s no question that the fed is in the mix, but i also was going to tell you if you look at one of the important aspects of where we ve seen some real relief for households on the inflation side, it s in the area of goods, okay? so core goods inflation came in, i believe it was a negative sign, slightly declined last month neil: you re talking about without volatile food and energy prices, correct? yeah. well, i m actually talking about goods here, so specifically, the things that come through ports. well, if you go back to 2021, president biden stood up the supply-side disruption task force. he recognized right out of the gate that if we were going to help people deal with some of the global inflationary pressures from the pandemic, we were going to have to unsnarl our supply chains. we got to work on that, and our fingerprints are on some of

Transcripts for FOXNEWS Cavuto Live 20240604 14:07:00

neil: all right. that s in the eye of the beholder. the federal reserve really has brought inflation down, nothing the administration has done. that s not to disparage, you know, jared bernstein and the white house here, but the runup we saw in inflation and prices was addressed by the fed by hiking interest rates, some say too many times. in fact, there s an expectation they re going to do it again at the end of this month. having said all of that, lucas tomlinson on how the administration is running with the trend they say is going to get even better by election day. lucas. reporter: that s right. by the way, i heard bernstein talking about the supply side, that was a knock on president reagan s supply-side economic, but i digress. let s face it, if president biden wasn t overseas this week, he probably would have been touting these economic numbers with a big event here at the white house. but as it stands, inflation continues to rise, just at a much more decreased rate. let s tak

Transcripts for FOXNEWS Cavuto Live 20240604 14:05:00

really look at your forecast for sunday and it becomes likely across new york, across vermont where it s been absolutely awful and over into new hampshire. flooding in areas where they just can t get a break. unfortunately, more is on the way before the reeked weekend s over. neil: all right. thank you, i think, adam. we were telling you about the heat wave, but temperatures rising to at least some prices falling, in fact, we ve seen 12 straight months right now where inflation has been dipping down, and it s running about a third of the pace it was at its height of more than 9%. i had a chance to catch up with the chairman of the council of economic advisers at the white house, jared bernstein, who s encouraged. i think if you and i were out here talking about rates that were 9 and 8 and 7% as opposed to 3%, you d probably be suggesting that we had something to do with that. so i think when it goes the other way, we ve got to be kind of symmetrical there. look, i think neil: i d

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.