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FOXNEWS Your World With Neil Cavuto June 4, 2024 20:02:00

Edward? it s very interesting that the federal chairman saying that we re not in a recession and we can avoid a recession and taking the same talking points that we ve been hearing out of the white house. we saw a 75 point move. it s the first time the fed made back-to-back moves of this side in 40 years, when they began targeting the federal funds rate to 2% dealing with inflation. the federal chairman says this is how with will avoid a recession. listen. we re not trying to have a recession and we don t think we have to. we think there s a path for us to bring inflation down while sustaining a strong labor market. as i mentioned with within all likelihood solve softening in market conditions. that s what we re trying to achieve. so this also made the markets soared when the fed chairman said with this rate hike, we re ....

Talking Points , White House , Federal Reserve , Labor Market , Rate Hike , Market Conditions ,

CNN New Day With John Berman and Brianna Keilar June 4, 2024 10:19:00

New cnn reporting, multiple democratic strategists are urging party leaders to focus on labeling republicans as extremists. cnn s edward-isaac dovere is joining us now. tell us what this strategy entails. look, brianna, the democrats that i ve talked to are very worried that republicans are going to have a good november and they re worried about the consequences of that. everything from a federal ban on abortion that could come if republicans take the majority in congress to lots of actions on the state level about abortion to things that would undermine democracy and elections leading up to the 2024 elehere has not been a stark enough case made to americans about where things are and where the republican party has been headed and they want to do more of that to raise the stakes and show people that these midterms aren t just any midterms, aren t just any elections. how are they going to do that? is it just about talking about ....

Party Leaders , U S , Republican Party , Brianna Keilar , Working Americans , Aren T ,

FOXNEWS Your World With Neil Cavuto June 4, 2024 20:03:00

In the target range where we want interest rates to be. so we might see a pause in more interest rate hikes in september and also said we ll get two more inflation reports between now and then and the fed could make a larger move because of the data. powell believes that they can achieve that soft landing that does not require a significant decrease in employment. demand is still strong. the economy is still on track to continue to grow this year. but the slow down in the second quarter is notable. we re going to be watching that carefully. and he adds that consumers did start pulling back some spending. that is notable and something that they re watching here at the federal reserve. if consumers stop spending, that could pushes to a recession. back to you. neil: thanks, edward. so a lot of average folks don t need to see an official number to tell them they re in a recession. good many americans are feeling ....

Interest Rates , Interest Rate Hikes , Inflation Reports , Federal Reserve , Jerome Powell , Neil Cavuto , U S ,