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Transcripts For FOXNEWS America Reports 20240706

a fox news alert. a russian fighter jet collided with a u.s. drone over the black sea. here we go again, sandra. brand new at 2:00, sandra smith, the president has been briefed on the matter and the u.s. was operating in international air space. it posed a there s no one and the lust reach out the u.s. will reach out to russia about what we re learning. we re also keeping an eye on the pentagon briefing and we will bring news when we get it. we begin with news impacting every single american family and that is inflation. brand new numbers out today. the consumer price index up 6% from a year ago. 6% from already high prices and that means that families are already paying stubbornly high prices as they drop plans for summer travel. the federal reserve in a tough spot about whether or not to raise interest rates further. inflation is nowhere near where they want it to be, but the silicon valley bank collapse has the markets on edge. so you have to get that inflation

Transcripts for FOXNEWS America Reports 20240604 18:03:00

they have been trying to tack the business services secretary. if you re planning spring or summer vacations airfare and hotels are pricier than they were a year ago. americans are getting hit ere time they go to the grocery store or go out to eat. the cost of all of these staples from meat, eggs, milk, and coffee more expensive than last year. two areas we are seeing relief, gas at the pump is down 2% from a year ago and used car prices have fallen drastically from last year. president biden is seizing on easing inflation as an opportunity to go on the attack. i ll do everything in my power to prevent us from going backwards, the president says, including by standing up to congressional republicans who threaten economic catastrophe over the debt limit in order to secure tax cuts for the wealthy and large corporations and reckless cuts to critical programs that american seniors

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