Detailed text transcripts for TV channel - FOXNEWS - 20210619:17:22:00
The question is, the fed chair powell keeps using the term transitory which is a fancy word for temporary. the question is, is it temporary and my question is no. i think it's here for a while. alicia: folks should know you and i have been talking about this for more than a year. you said this is coming. some people thought you were crazy but you know of what you speak, mitch. let's put up the consumer price index and look at the numbers. all items up 5%, food 2.2% and energy 28.5%. what can the fed do at this point in your estimation? mitch: so let's remind ourselves how we got here, right? w...