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Transcripts for FOXNEWS The Journal Editorial Report 20240604 19:06:00

before they recognize exactly what they should do with interest rates and everybody out there was the most sophisticated investors on wall street, people sitting around the kitchen table in the evening trying to figure out whether budget is going to be worth more or less six months from a has to keep their eye on jerome powell. charles: you can feel the tension, every sentiment, is there for sure. when we come back, going for broke, democrats pushed the largest spending increase in u.s. history look at what is on the table the latest $3.5 trillion bill and whether they can ramp it through congress despite the narrow majority. we are going to get this done. we are getting this done.

restaurant, all the core basic things that are measures so when you have jerome powell in the white house reassuring folks it s going to be transitory at ease, it doesn t match up with what we know from history or than numbers we see coming in and this is a potentially big perilous problem for democrats because they want to pass all of this additional spending and think about the numbers there when you add in infrastructure more than 4.1 trillion, that s going to have to be deficit finance and interest rates, it will make the cost of that much higher but also the potential back americans begin to feel this in their pocketbooks and blame it on the white house and that s always a real risk for the white house. charles: and to that mary, getting away from the wall street target and transitory, we are where we see it sticking are the kitchen table things that politicians always talk about,

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