president biden continues to campaign for more economic chaos. meanwhile, i don t know about where you live, jesse, but in my state the price of gas is so high that it would be cheaper to buy cocaine and just run everywhere. new inflation numbers for the month of may will be released friday morning at 8:30. carley, todd. carley: all right, lucas tomlinson live for us. thank you tucker carlson reacting to secretary yellen s testimony yesterday saying she should resign or be fired. watch this. not only does janet yellen, the treasure secretary fail to see any of this coming, janet yellen more than any other single person in america caused it in the first place, whose reckless loose money policy introduced her years at the fed policies that were bound to cause inflation and did. so if you re mad about the current state of the economy, janet yellen is probably the
Bank of Japan Governor Haruhiko Kuroda says that while a weak yen is positive for the Japanese economy, the negative aspects of excessively rapid foreign exchange moves should also be noted after the currency tumbled to a fresh 20-year low against the U.S. dollar.
Is talking about right now in business. that is this transition that we are about to watch of the federal reserve. the federal reserve had easy money. it was buying securities, it was having record low interest rates but the fed told us very clearly interest rates are going higher. i had an interview with a major money manager last week and the ceo of j.p. morgan, both individuals told me to expect much higher interest rates. jamie diamond says likely raise rates by 6 to 7 times. they said the fed will raise rates 5 to 6 times. this is a imagine or transition. the federal reserve was at an easy money policy and it is tightening things up. your mortgage rates and credit cards are going higher. interest rates are going higher and this transition is having a hard time on the part of investors and why you are seeing investors sell now and think later. we ll likely have this kind of volatility and a stock market
The Bank of Japan maintains its powerful monetary easing amid tepid inflation and heightened uncertainty over the crisis in Ukraine, boosting the likelihood it will be the last among major central banks in transitioning toward policy normalization.
NewsRadio 740 is Houston's Local and National News, Weather and Traffic radio station with political analysis from Michael Berry, Jimmy Barrett, Shara Fryer, Sean Hannity, Mark Levin and more!