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FOXNEWS Fox Report With Jon Scott July 6, 2024



pace since june. and that could have major economic and political fallout. lucas tomlinson is live at the white house with more on this. lucas. reporter: jon, jp mayor began ceo jamie dimon thinks the fed has lost some control over inflation. a chemming contact congressman representing joe biden s home hometown in scranton responded earlier on fox. i wouldn t go that far, but what i will say is i think they got a late start. i think they should have started ticking interest rates up a little bit much earlier, maybe six months earlier than they did. reporter: new economic data shows inflation is getting worse. the personal if consumption execs pendtures price index, the fed s preferred gauge for inflation, rose .6% in january. the annual inflation rate also rose to 5.4%, the first increase since it peaked in june making some wonder if the fed is behind on inflation. president biden reacting to the economic news in a statement which read in part: annual inflation in ....

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FOXNEWS Your World With Neil Cavuto July 6, 2024



tightened too much. indeed, suggests that we still have work to do. if you ever find an airline pilot said it worked with the federal reserve, get off that aircraft. the 16th largest u.s. bank chanced today and took a nervous stock market with it. the latest talk is that this might pause the federal reserve in this latest interest rate hike cycle. the betting seems to be when they gather next week, maybe no rate hike, period. neil: one year, can you believe it? a year ago today it all started. eight interest rate hikes later, the federal reserve must decide whether next week it should make it a ninth. even as credit swiss is receiving a $54 billion life line to keep it going. news hoff a $30 billion rescue for a bank, first republic. that helped stocks rebound. we re tracking it all, this incrediblier and where we stand now from main street to wall street, from the federal reserve to capitol hill to the white house as well. with rich and robert on what could be ....

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FOXNEWS Fox News Live July 6, 2024



griff: despite new report prices surging in january. lucas tomlinson in january with the latest from the president s response. hey, lucas. lucas: the last hour, aishah interviewed and weighed jp morgan ceo jamie dimon having trouble heavy will with inflation. i wouldn t go that far. i think they got a late start. they should have started ticking interest rates earlier, maybe six months earlier than they did. lucas: here is new economic data, rose .6% in january beating analysts expectations. this annual inflation the annual inflation rate rose 5.4% first increase in inflation data since it peaked in june making analysts wonder if it s behind inflation just like jp diamond. president biden reacted to news, inflation is down from the summer while unemployment is remained at or near 50-year low and take-home has gone up. the white house announced friday it will be sending $2 billion in additional weapons and ammunition, not on the list fighter jets, asking the question ....

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FOXNEWS Fox News Live July 6, 2024



arthel. arthel: hello eric, hello everyone i am arthel neville. two other major stories we are filing for you at this hour buried the blizzard warnings in southern california, the first in san diego history and the first in l.a. in 34 years as a massive winter storm slams the region with heavy rain, wind, and snow and some parts. president biden back home from historic overseas trip only to face a familiar headache, inflation spiking again. raising concerns the fed may hike interest rates longer than expected. we have fox news team coverage on all of these stories. trey isn t ukraine. nicole in l.a. on the wild weather there. the first lucas tomlinson but lucas is light at the white house, lucas. arthel hi inflation introduce savings increasing credit card debt with higher interest rates means more americans are feeling the squeeze. we do not have a tell our viewers they feel it every day. now have new economic data shows inflation is getting worse. let s take a look. ....

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CNN CNN This Morning July 6, 2024



the nba legend. all right. thanks for joining me, i m christine going to throw it as far as his arm can take it. and the kansas city chiefs have won super bowl lvii. that was pretty amazing. kind of a lackluster finish like you expected. just right down the middle of the field. it was great. congratulations, kansas city. the we re excited. poppy so excited she s on assignment. it was a thrilling super bowl. the kansas city chiefs are champs again. ahead, the top highlights from the historic face-off. that is in a moment. and rihanna, breaking internet. i kept thinking oh, my god, pleasen don t fall. i know. her stunning performance. big news she reveals during the halftime show. she didn t really say it. but showed it. yeah. also this morning, the u.s. shot down a fourth flying object over north america. raising more questions about why so many objects are being spotted now ahead norad s former deputy commander over seas the american skies. spotted or ....

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