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Transcripts For MSNBC Chris Jansing Reports 20240706

they re striking over plans to raise the retirement age. rising tensions, tough new talk from china s foreign minister who warns that u.s. and china are headed for confrontation and conflict, unless the u.s. changes course. state of emergency. the situation increasingly dire in communities in the southern california mountains. residents remain trapped after that unprecedented snowfall. and we re about to get an update from the state department on the late news that two of the four americans kidnapped in mexico last week are dead. what we re learning now about the whereabouts and conditions of the other two americans. our nbc news reporters are around the country and world with the latest developments. we want to begin at the state department where we re about to hear from those officials for the first time since we learned of the american deaths in mexico. nbc s morgan chesky is in brownsville, texas, just north of where the americans were kidnapped. what are the big un

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Transcripts for MSNBC Morning Joe 20240604 10:54:00

year. now, where we are, the market is expecting a couple more increases and then a decline. this is part of why the stock market went down yesterday, the fed is projecting interest rates will continue to go up and stay up through the end of the year. powell said, don t expect a cut this year. so the fed and the market have a very different view of life at the moment. the market was disappointed, a little bit, in the fed s reaction yesterday. which leads you to the second chart, steve, this balancing act for the fed, which is, we want to tame inflation, which is stubborn and sticking around, but we have thesystem, as well. the fed was trying to weigh this. before silicon valley bank, the market thought the fed would go up half a point. others thought it should go up nothing, recognizing there are still issues in the banking area. they split the baby and did half. one thing to think about is the banking crisis for the fed. i illustrated it here, showing how much banks borrow from th

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