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Transcripts For CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell 20240707



disastrous showing the biggest spike in consumer prices in over 40 years that the fed felt the need to move fast here to take a page out of the playbook of alan greenspan and paul volker with a very big interest rate increase, and they signaled that more aggressive steps are to come because that official said they are, quote, strongly committed to getting inflation back down to 2%. and given that it s nowhere near 2% right now, that does imply more big rate increases to come. as far as why this is happening, i think it s important to think about the economy as almost like a car on a highway, and the fed is the driver. when it needs to speed the car up, it will cut interest rates to stimulate demand. right now we have the opposite situation. it s going dangerously fast, and so the fed needs to slow things down. it s actually slamming the brakes on the economy. the problem here, victor, for the fed is if they don t do enough inflation can go out of control. if they do too ....

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Transcripts for CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell 20240604 18:55:00

We need one senator to change course in order to rip gun control to pieces. are you confident you ll have these senators when it s time to cast those votes? i have reasonable confidence we can get it done. i know they re going to face a lot of backlash. this is what i predict. if and when we get this done, all the fire and brimstone that s supposed to rain down on senators is not going to appear. how do i know that? in states like florida where they passed moderate gun safety laws, people that voted for it, none of them lost their office. these are paper tigers when it comes to the general electorate where the majority of republicans agree with common sense legislative changes. that was the argument in 2013 when the vice president came to congress and said we have to do something. here s the list of polls that show most americans want universal background checks. they want this list of gun ....

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