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Transcripts for FOXNEWS Special Report With Bret Baier 20240604 22:13:00

at 9:00 p.m. eastern. it s going to be broadcast live from milwaukee. the federal reserve raised its key interest rate for the 11th time today in 1 months. the move lifted the fed bench short-term rate from roughly 5.1% to 1.3, that being the highest it s been. what we are looking for is a broad cooling in the labor market condition. we just have what we want they are still at levels that would be consistent over a long period of time with 2% inflation. the fed s latest move could lead to higher cost mortgages and auto loans and credit cards for millions of americans. this, the dow was up for a 13th consecutive session, finishing ahead 82 the s&p 500 lost 1. nasdaq fell 17. coming up next, is the truth out

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