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Transcripts for CNN Inside Politics With John King 20240604 17:07:00

done on any level particularly when it comes to economic issues. crisis to crisis. and fed tomorrow we think 50, 0.50 today s report does give them i think the leeway to go from 75 basis points, the last four rate hikes to 50 basis points but are still, you know, they still do have their foot on the brakes in the economy and a little timing factor because these hikes don t hit the economy right away. there is a delayed impact and could take six months. we may not be done feeling the impact of these rate hikes for quite some time. the report suggests the fed approach is working, the question is check back in a month, another month and see if that slides or less increases and could draw diagrams. yes. sorry for that. i apologize. no, i like that. let s turn now to what the s.e.c. calls a house of cards on a foundation of deception. the former crypto ceo sam bankman-fried, you see him there, facing eight criminal

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