FOXNEWS Your World With Neil Cavuto July 7, 2024
li on the difference in 24 hours. susan? >> a new reality that inflation is higher and may stay elevated for some time. today's wholesale prices are the inflation that producers pay still much higher than a year ago. sure, coming down from the previous month. couple that with yesterday's consumer price jump and we're close to the 40-year highs and that's more than four times the way the federal reserves thinks is healthy for the economy. close to a third predicting a full 1 percentage point rate hike from the central bank. that could be the biggest central increase since 1984 when pa...