FOXNEWS Cavuto Live June 4, 2024 15:55:00
7% rates. but they can't do that without causing more bank problems and the banks make the loans and causes big recession. they have to hope that inflation is going to come down. at this stage would require a tax and spending cuts, because the fed is running out of game at this point. neil: you think about that, if their goal is to still to get it down to 2% and we're averaging around 5%, that's, in the aggregate, we're a long way from getting this under control. >> we are, in fact. jonas was referring to inflation expectations on a long-term basis popping up to the highest levels since last j...