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Detailed text transcripts for TV channel - FOXNEWS - 20190727:07:29:00

shannon: brand new gdp shannon: new gdp numbers show a slowdown but meeting expectations. the president has plenty to say on that front. blake berman has the story. reporter: donald trump continued hitting one of his favorite punching bag blaming the federal reserve for a pullback in second-quarter gdp. the reading coming in at 2.1%. the federal reserve raised the rates too fast and too soon, they should have done quantitative which they did. if they didn t do that, we would be at 4.5%. instead of 2.1. reporter: house speaker nancy pelosi used that metric as a told you so moment. the tax scam they put out has not produced what the president woods boasting would happen and

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