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three republican in the house and karl rove will also weigh in. sandra: big show coming up. first, fox news alert. move to the federal reserve that could impact every american. standing by for a major decision that would be the biggest interest rate hike in nearly 30 years. ok, we are waiting for it. hello, i m sandra smith in new, i don t. trace, great to have you. trace: you as well, i m in for john roberts, and this is america reports. fed decision will be a dramatic attempt to cool down the economy, increasing rates would make everything from a mortgage to a business loan to credit cards much more expensive. all this as president biden continues to deflect on inflation. refusing to take responsibility for the administration s role in skyrocketing prices. sandra: the u.s. has a higher inflation rate than many of the other major economies and the white house is promising a new messaging on the economy strategy with democrats ahead of the midterms. we ll dig ....
what we re getting is in fact we re a first rate product. president biden finally taking time to address the babyy formula crisis before jetting off to delaware this weekend, d joe deflecting blame after dropping the ball. but ll it s not the only thing he s screwing up. inflation raging, the economymy in turmoil and the american people aren t buying it. bidenin is selling. almost 80% say the country is headedt in the wrong direction. biden, who promised to be theoe adult in the room and to always have a plan, is once again caught off guard by a crisis he should have seen coming. american families can t get baby formula, but there are pallets of it for migrants at our southern border over 50 percent of supplies are out in some states. and if you re a concerned parent, joe biden says don t worry, he s making a government website to help you find formula. this is a process we remumu worg on very, very hard.ar there sd nothing more urgent. we re working on than that right ....