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Transcripts for CNN New Day Weekend With Christi Paul and Boris Sanchez 20240604 12:51:00

story. reporter: what is a french fry without a side of catsup? for owner of the deer born restaurant in chicago, it s a huge cost savings. say we do 200 covers and 100 want an extra catsup, that s 20, 25 cents which doesn t sound like a lot and multiplay by a week, by a year. reporter: catsup and every ingredient has become more expensive in the last year. inflation is pushing meat prices up 13.9%. butter up 16% and eggs up 22.6%. big increases for small businesses. i thought at this stage that we would be in a better position financially, but it s been very difficult. mainly because of where we re at right now with inflation. reporter: but some good news perhaps. prices rose just .3% last month.

Transcripts for MSNBC Morning Joe 20240604 10:52:00

special investigation into the department of ag. number one, if they re doing anti-trust activities like under under-cutting the small meat plant to put them out of business, we can enforce that. i m all about capitalism and businesses making money, but when i have generational ranchers that are calling me saying, i m going broke because the price for my calves at the farm gate is so bad. i have consumers calling me saying, what is going on with meat prices? they re going through the roof. i m saying, the middleman is out of control. we need to shine light on it. it is the best disinfectant in the world, and we can get our arms around it. it can happen quickly in the meat industry. you walk a line in the state of montana. went for donald trump in 16 and 22. yet, you seem to keep getting

Transcripts for CNN New Day With John Berman and Brianna Keilar 20240604 10:39:00

savings. 100 want an extra catsup. it doesn t seem like a lot but multiply that by a week or year. every other ingredient has become more. inflation pushing meat prices up 13%. butter up 16%. eggs up 22%. big increases. i thought at this stage we d be in a better position financially. it has been difficult mainly because of where we are with inflation. but good news perhaps, prices rose just.3% last month, food prices rose. energy dropping. an 8.3% year-over-year inflation still stings. we are still dealing with the

Transcripts for MSNBC Morning Joe 20240604 10:51:00

tougher challenge than we do because of energy. energy has gone up much more there than it s gone up here. it is a fact that it is a worldwide phenomenon. though in our case, there is self-inflicted pain that we ve put on ourselves with too much stimulus, too big budget deficits and bond buying by the federal reserve, too much money printing by the federal reserve, and that s coming home to roost. it is the number one issue, and it ll be a tough one for the democrats. steve, the fed stepped in, half point lifting of the rate. probably do it again in july. beyond that, what else stems this? this isn t going to go down in a meaningful way by november. we re still be paying a lot of money for gas and groceries. i may tick down, but it s still going to be dominant in people s lives. most economists say it is 4.5%, maybe 5% in the fall. the president is talking about meat prices and hearing aid

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