Page 199 - 1981 News Today

Inflation like this, early 70s, it lasted for eight years. >> yeah, and the last time we saw 9.1 was back in 1981. so over 40 years ago. look, inflation is going to come down over the next few months. thats the good news. less good is what happens thereafter. and there is a sticky element to inflation thats starting to develop. you see this from the details. and then theres always a question about the federal reserve. what does it do? it is trying to catch up. and the worst thing that can happen...

Exceeding market expectation with a fast pace of inflation since 1981. >> todd: meantime, pushing back against president bidens repeated claims that u.s. energy producers are not doing their part. listen to this. the industries responding with the increased production. we need to see rhetoric and the messaging that indicates that our country supports increased production. >> todd: he mentioned oil companies are producing as much as possible despite the global supply issues. but joe bidens curren...

>> reporter: these claims have led to lawsuits against powell. her own lawyers defending her in a defamation lawsuit by dominion made a notable claim arguing that no reasonable person would conclude that her statements were truly statements of fact but her attorneys also declared she believed the allegations then and she believes them now. >> do you ever hear yourself and think it sounds ridiculous? >> no. i know myself very well. ive been in me a long time. i know my reputation. >> reporter: ga...

Final prices, what consumers pay rose 9.1% from june of last year. thats the largest annual gain since 1981. top administration officials say they are working to address this. >> inflation in the united states remains unacceptably high. beyond that, we are taking our own steps that we believe will be supportive in the short-term to get inflation down. >> rich: democrats point to the spike in energy and food following russias invasion of ukraine and the global supply chain after covid shutdowns. ...

From the dumpster fire of economic news all the way back home, to be sure, from wall street to main street, it was yet another gut punch. the labor department today reporting that the cpi, that the consumer price index, rose 9.1% in june from a year ago. prices also jumped 1.3% on a one-month period from may. figures both far higher than forecast, marking the fastest pace of inflation since december of 1981. the data shows that inflationary pressures are affecting nearly all aspects of american ...

Going to do, the feds action into a recession and just yesterday, all three major indices tumbled after the consumer index showed prices surging the most since 1981. power e#e*trades easy-to-use tools make complex trading less complicated custom scans help you find new trading opportunities while an earnings tool helps you an your trades and stay on top of the mart ♪ ♪ ♪ ♪ ♪ ♪

Language with regard to recession coming from the white house. what heard this was all transitory. then not inevitable, there would be recession. now what i hear from here it is inevitable that there will be a recession but it wont be a deep recession. so i dont know how that feels to folks out there, whether its shallow or deep. but i think everybody is feeling it already. >> bill: sound track for 1981 it feels like that. all right. from last hour now overseas listen to this. >> president biden...

Ive been in me a long time, i know my reputation. >> cary tuchman, cnn, new york. >> thats an interesting. phase by the way, we know we said its a four decade old film, and it is clash of the titans, 1981. but we showed a clip of liam neeson in the 2010 remake. i just dont want to get letters from my film friends, nerd friends, affectionate owes that will be like you messed it up. we go. on inflation reached a 40 year high according to a new report, after president biden spoke out about a possib...

Health. but some of the parallels are not very close. for example, when you show that picture me taking care people in 1981, we didnt know what it was. we didnt have any vaccines. we didnt have any therapies. we were swimming in the dark. right now, we have the capabilities of stopping this. it is up to us to do that. when you hear frustration among the community, part of that is justifiable. we are trying to correct that very quickly by getting as much vaccine to the community that needs it as ...

Thiessen live coming up. >> john: fox news alert, president biden landing in the middle east as inflation hits a new 40-year high with no end in sight. im john roberts in washington. sandra, double duty today. >> sandra: great to be with you, john. brand-new numbers from the government showing red hot inflation has not cooled. consumer price index surging to 9.1% in june. marking the biggest one-year increase since 1981. the president issuing a statement in response to all of it saying "todays d...