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Transcripts For FOXNEWS FOX Friends First 20240707

inflation. doug luzader joins us live in washington. good morning, doug. doug: the fed meets tomorrow to talk interest rates, a lot going on, and the white house is laying the groundwork. we may find on thursday gdp has fallen, according to the white house economic advisors, some maintain two consecutive quarters of falling real gdp constitute a recession, that is neither the full definition or how economists evaluate the business state. former obama administration says recession is likely. there is high likelihood of recession when we ve been in this kind of situation before, recession has followed when inflation has been high and unemployment has been low. doug: the fed starts their meeting tomorrow, expected to raise interest rates to reign in that 9.1% inflation rate. inflation is way too high, the fed is charged with putting in place policies that will bring inflation down and i expect them to be successful. republicans meantime, say the administration is makin

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All elections for SC June primaries in the Midlands
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Wallis Simpson was a Queen Dictator who never loved Edward

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