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MSNBC Jose Diaz-Balart Reports July 7, 2024



future of the program remains in jeopardy for hundreds of thousands of people that call america home. we ll talk to one of those dreamers later this hour. we begin with the efforts to bring down the skyrocketing prices we re paying for gas, groceries, and many other items. in a few hours from now the federal reserve is expected to announce its third interest rate hike this year. raising a key interest rate by three quarters of a percent. that s the largest increase since 1994. this comes as president biden looks at other steps to try to reduce the highest priced spikes in more than 40 years. the president sent letters to seven energy companies asking them to explain their record profits, as well as a drop in refining capacity helping to drive up gas prices. he also says he s prepared to use emergency authority to increase refinery capacity and output in the near term. the new york times reporting the president is also considering rolling back some of the tariffs p ....

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MSNBC Jose Diaz-Balart Reports June 4, 2024 14:08:00

Last friday, what it did show again, was the highest levels of inflation that you ve seen in some 40 years. as you point out. and it fairly is across the board, especially for things like food and fuel. but if you look at the kind of breakdown for certain food items that are driving it, a lot of it has to do with things like poultry because we know that supply chains are still an issue, avian or bird flu is still an issue that s affecting flocks for things like eggs and poultry product, but if you look at some of the places where prices are coming down, you re starting to see a little bit of moderation and outright price declines on a month over month basis in things like beef products or pork products, bacon, veal, that sort of thing. now, that doesn t help folks who have dietary restrictions, but what it does show is that there are pockets or places where people continue to spend aggressively on, but others they are overlooking and when supplies start to become glut-ish in those scen ....

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