FOXNEWS Fox News Live June 4, 2024 18:39:00
America. once inflation gets above 5% it tends to take more than just a year, year and a half. it tends to take ten years for it to come down. part of what you are seeing is not just inflation but shrinkflation for smaller quality of goods. it's really a main street story and that's what every american is having an effect a lower quality of life this holiday season. aishah: jonathan, is the fed doing the right thing here with the aggressive rate bumps, are they taking the right actions and what else could they have been doing? >> the fed did the wrong thing and they printed all the money and c...