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If the fed, jerome powell could telegraph we're going to stop at 4.75 and see how the patient takes the medicine, that would be good news. there's fear that the fed's going to go above 5%, maybe stop and keep them at 5%. and that could be recessionary. that would just be a cry uncle point for a lot of people with maybe even devastating the housing market. there's fear going into '23. >> one thing that doesn't get a lot of attention, though it's got attention when it was going up, was the price of gas. the number now hovering at $3.13 a gallon. is that likely to have an impact to help inject ne...

That because supply is a little higher and demand a bit lower. but aaa warns the peak of travel season july a year ago average cost was 3.13 a gallon. major legal showdown against the world richest man because e-love musk wants out of 44 billion dollar deal to buy the social network twitter board vows to pursue legal action an musk wants to slash deal claiming company failed about fake or scam accounts. i'm ashley strohmier. now back to "one nation with brian kilmeade" for all of your headlines log on to fox news.com. >> this is houston, say again, please? >> houston, we have a problem. brian ...

>> cheryl: through october. see will see if levels hold. the market is volatile, as you know. >> carley: vulnerable house democrat. >> cheryl: record-high inflation this fall, one democrat seems to know it, saying soarring costs from groceries to gas are not her party's fault. >> every one of us work on strategic focus for our districts, none of this is new news because there is inflation right now. these are issues that have arisen over in many cases decades of bad policy making. >> cheryl: that was a congresswoman, latest to claim high gas prices and inflation are not the fault of president ...

Moments, they are admitting that when you pump your gas, when you see as i did 100 something dollars, that's intentional. they want you to get rid of your car. >> it's not the first time high six-figure salaried white house official seen disconnected from the point of the people. remember last two and the white house derisively touted a 16 drop in the cost for the fourth of july barbecue. >> if you don't like hot dogs, you may not care. >> not surprisingly a year later things are even worse. the average cost of grueling for a crowd of ten over 17%. it's not just food. the cost to go see your f...

$5.55 today. a year ago $3.13. we're almost double. it is extremely expensive in many cases, unavailable and without fuel to fill up the tank farmers can't get into the fields and work. what are farmers to do? >> you know, julie, it is extremely nerve racking. two months ago a tanker load of fuel on the farm would cost me $17,000 to $18,000. this week it was $30,000 for one tanker load of fuel. i burn that much every two to three weeks. in many cases i'm hearing now some of the truck stops locally don't have diesel. they are out two and three days at a time. my supplier i buy my diesel in bulk...