michigan. as for president biden, dana, he will be in pennsylvania a little later on this week to campaign for the lieutenant governor john fetterman. he is still in delaware due back at the white house early this afternoon. dana: thank you for the update. bill: karl rove, fox news contributor. go back to the interview. the president was in portland, oregon over the weekend. 3 1/2 weeks away from the election in portland, oregon. our economy is strong as hell, he said. that s not what the american people think. this is guy who said inflation would be transitory. now he is telling us that our economy is strong as hell. he did so two days after the bureau of labor statistics said the inflation rate was 8.2% and core inflation rate that takes out the things that are more variable hit a 40-year high.
or .4% is much hotter than expected. and the government is saying the shelter, food, and medical care are the reasons why these this inflation rate went up. when you strip out food and energy and you look at the month over month increase, the core rate, it was still hot at .6%. so from last month to this month up .6 p% in prices:this is why e fed is so aggressive in interest rates. we know that officials will worry that he have been raising interest rates and the numbers are still too high. it shows the fed has more work to do, john? and that core inflation rate high. very high. you just hit on the most important question in terms of the fed racing interest rates. there are some people saying, okay, it s too much already. you re raising rates to high. you re going to force the economy into a recession. they re racing the rates and inflation is still high at this point. yeah. t they were criticized for acting too late and now acting too
With the start of the second quarter earnings season, market participants will be watching some important results, such as TCS, Delta Corp, HCL Technologies, Wipro, Infosys, Mindtree, Bajaj Auto, Shree Cement, which are scheduled to open next week
today. when our daughter and her kids moved in with us. our bargain detergent couldn t keep up. turns out it s mostly water. so, we switched back to tide. one wash, stains are gone. [daughter] slurping don t pay for water. pay for clean. it s got to be tide. consumers are still facing the struggles of inflation nationwide. however n some places such as the northeast, it is starting to fall. and contrast, areas in the south and the west continue to see rising prices. this is a fascinating report in bloomberg and notes it could have political implications due to the fact that many major metropolitan cities, which are seeing a rise in inflation, are in states where major senate races are taking place. last year, mountain states saw the highest core inflation rate at 8%. and new england, the lowest at 4%. hot spot cities like phoenix,