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Transcripts for FOXNEWS The Faulkner Focus 20240604 15:35:00

We possibly can to make sure that veteran gets that loan. inflation is much too high and we understand the hardship it is causing. we re moving expeditiously to bring it back down. it is a strong economy and nothing about it suggests that it is close to or vulnerable to a recession. on that note we ll look at the dow at this hour. it has been plunging throughout the morning. at this point down 916 points. you can see it s at the lowest of the session. a 2.7% drop. you just saw federal reserve share jerome powell speeng after the bank announced its biggest interest rate hike in the country in more than 20 years. powell says up to five more hikes are expected this year.

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