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Transcripts For FOXNEWS The Story With Martha MacCallum 20240707



until the mid-terms. things are tightening up out here. here s a look at the focus sharpening to abortion and the economy and both sides try to turn voters their way. 40-year high inflation, ripping away your savings. dr. oz would vote to elimination abortion rights here in america. the economy, inflation and gas prices are the top three issues. anti-choice maga republicans. biden and the democrat congress keep spending us further and further into oblivion. extremists so-called leaders are passing laws to criminalize health care providers and punish women. you get the idea. senator lindsey graham on the hot seat over the timing of a bill that he launched to ban most abortions in the united states after 15 weeks. we ll talk to him about his commitment to the bill as the senate hangs in the balance. for to david asman and the strapped united states economy. david, good afternoon to you. good afternoon. martha: let me start with this sound bite from jerom ....

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Transcripts for FOXNEWS The Story With Martha MacCallum 20240604 19:02:00

David, good afternoon to you. good afternoon. martha: let me start with this sound bite from jerome powell yesterday talking about his pattern of increasing interest rates in order to cool things down a bit. watch this. we don t know. no one knows whether this process will lead to a recession or if so, how significant that recession will be. so another big fat rate hike. they re trying to get a soft landing here. how is that looking, david? from his perspective, it s not good. he admitted that if we have to have a recession to cut inflation, we ll have a recession. that s why the market reacting as it did. it was down over 500 points at the end of the day. what frightened me the most about when he said he down graded commission growth to 2022 to .02%. that s basically as close to flat as you can get. when you have 8% inflation, that means you re going downhill ....

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