Interest Rates Exploding News Today : Breaking News, Live Updates & Top Stories | Vimarsana

for the fed. they feel it could trigger a recession. >> john: gasoline prices record for the 10th straight day. average price now 4.58. and the cover the new york post summing it up, a picture of president biden riding a train right off the rails next to the words joe's train wreck. bret baier and larry kudlow will join us to break down the economic head winds facing the white house. >> gillian: jackie will join us in a moment, but first aishah hasnie at the white house. what is the messaging on the economy. >> we are waiting to find out, the president departed to east asia, and ten ...

Months of supply. you would expect builders to make up the conference but that's not happening. housing starts were down for april for the second month in a row, interest rates exploding, builder sentiment, get this, down for the fifth month in a row. >> with overall inflation you have builders having to pay more to get capital to buy land and improve it and you've got consumers having to pay more for the mortgage at the end of the process. it's just -- it's a perfect storm that's really taking us very much aback right now. >> lots of changes, buyers retrenching, according to freddie mac, fewe...