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argues the data does not reflect a recent decrease in gasoline. prices for regular unleaded had fallen about 40% 40 cents rather over the past 30 days or so but still remain about a buck 50 higher than this time last year. our coverage begins tonight at the federal reserve where rich edson tells us what to expect next. big question there, rich. good evening. good evening, bill, officials here at the federal reserve are trying to bring these price increases under control despite that inflation is on that toward praise throughout the economy. latest report shows that americans are now paying substantially more than they were last summer for the same goods and services. it s worst than economists and investors expected. prices were up 9.1% in june compared to the same month last year. today s numbers notching another 40 year high. the labor department s monthly consumer price index shows food up 10.5% from last year. energy increased more than 40%. gas almost 60%. an ....
Little bit and the report didn t reflect that dynamic, but every other good, food, gas, energy, you name it, the core inflation rate was through the roof, and when you can t acknowledge reality, when you have trouble acknowledging that the challenge in the first place, it s hard to spin it in a positive direction and have a plan to solve the problem. bill: probably right about that. two minutes around the horn quickly. hugh, what is to be expected from this trip in the middle east? the president is trying to reassure allies who a year after the afghanistan debacle do not trust the american promises being made. he is going to have to double down and triple down on those promises because memory us of people falling from planes are still fresh. bill: what a moment. morgan this was your department. what comes from. 17 months as it relates abraham accords. they rejected every single ....
bret: thanks, bill. you may have heard of the farm-to-table concept ha has grown in popularity across the united states. restaurants buy fresh food directly from local farms and serve only what is in season to customers. the process cuts out distribution companies and proponents say it makes communities with farm-to-table restaurants more self-sufficient. but could this concept work on a national level in part 2 of our series special report spotlight on the global food crisis we take a look at where most of our food come from. if the u.s. has the ability to be self-sufficient in a time of need. the united states is among the top agricultural importers in the world bringing in about 15% of its overall food supply from other countries. this year it economists predict more than $180 billion worth will come from abroad. we export more food than anywhere else. ....
Hard time with it. in this country we have had access to most of what we have needed please it will create to avoid the crisis. if we get six months down the road and there is a major food crisis, will you be surprised? a major food crisis to any person is, if they don t have enough feed how big it is, it s just a matter of the size of the province. meats, dairy products, fresh fruits and vegetables have all risen in price this year as demand has increased. the need for prepped food has also skyrocketed and food subscription companies are struggling to keep up. in part 3 of our series, we will take a look at why more people are stockpiling food on the shelves for the future. bill, we will send it back to you. bill: looking forward to seeing that bret, thank you. bret baier with that this evening. ....
Know were released earlier this week that predicted that the g.o.p. will take back control of the house with a slight edge in the senate. bill? bill: we will watch it aishah, nice to see you. aishah hasnie on the hill tonight. up next, we continue our series on the dangers of fentanyl, the mother of one of the drug s youngest victims appears in court. we will have that for you. first, beyond our borders tonight, vai lanka s president flees the country but has not stepped being. back home. change in leadership as that country grapples with severe shortages of food and fuel. a tokyo court orders former executives to pay nearly $94 billion over the disaster at the fukushima nuclear power plant. the court says the four executives failed to implement the utmost safety precautions. in 2011, an earthquake and tsunami caused three reactors to melt down and spread massive ....