FOXNEWS Your World With Neil Cavuto July 6, 2024
let's talk to steve more about this. steve, the problem is inflation is at decades high. recession around the corner. it's a heck of a one-two punch. >> you better believe it. the good news is that the inflation rate has come down a little bit the last two or three months, charles. that's good news. we went from almost 9% inflation this past summer to now we're down to about 7.1%. as you just said, that is still the highest inflation rate we've had in 35, 40 years. so americans are feeling the punch. their wages and salaries have only gone up by 5 or 6%. that's one of the reasons tha...