The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures index, showed on Friday that prices increased in August, rising 0.3%, and the annual rate moved up to 2.7%.
This data from the Commerce Department comes as the Federal
Reserve tries to navigate the challenges of bringing inflation back down
to their target of 2%, but also ... Show More
Today
From Washington: Blanche Blocked, Fauci Pleads the Fifth, and a Texas Toss-Up
Former NIAID Director Dr. Anthony Fauci faced an intense Senate hearing this week, invoking his Fifth Amendment rights more than 100 times during questioning on the COVID-19 pandemic. With Dr. Fauci now facing a potential contempt of Congress resolution, FOX News Chief Congressio ... Show More
31m 26s
Apr 2026
The End of the Department of Education? Linda McMahon on The President's Historic Plan
President Trump isn't giving up on his historic campaign promise to dismantle the U.S. Department of Education. But as the administration works to shift federal programs to other agencies, it is facing legal challenges from states, schools, and teachers' unions. Education Secreta ... Show More
32m 18s
May 2023
Inflation rose again. Will that sway the Fed on rates?
The Fed’s interest rate fight just got more complicated — the central bank’s preferred gauge of inflation indicated that prices rose 0.4% last month, a speed-up from the previous month that saw a 0.1% increase. We talk to Christopher Low, chief economist at FHN Financial, about w ... Show More
8m 44s
May 2023
Inflation rose again. Will that sway the Fed on rates?
The Fed’s interest rate fight just got more complicated — the central bank’s preferred gauge of inflation indicated that prices rose 0.4% last month, a speed-up from the previous month that saw a 0.1% increase. We talk to Christopher Low, chief economist at FHN Financial, about w ... Show More
8m 44s
Sep 2025
Markets rattle as data surprises and tariffs return
Markets hit some rough patches yesterday, with all major European indices closing lower, followed by similar losses across the three main US benchmarks. Revised US data revealed an upward adjustment to second-quarter GDP, while jobless claims came in below expectations. This prom ... Show More
13m 31s
Sep 2025
Team 47 - Trump’s Economy
The latest U.S. jobs report, revealing a slowdown in hiring with only 22,000 jobs added in August. Clay and Buck analyze inflation’s lingering effects under President Biden, emphasizing how price hikes have reshaped consumer expectations and daily costs—from fast food to coffee. ... Show More
30m 51s
Jun 2022
Americans brace for economic fallout as Fed hikes interest rates
Americans are bracing for impact after the Federal Reserve acts aggressively to tame surging inflation while creating new challenges for credit card users, home buyers, and so many other consumers. Also, Pence’s former chief of staff Marc Short joins to discuss the January 6th se ... Show More
40m 7s
Nov 2024
How inflationary are tariffs, really?
<p>President-elect Donald Trump has just announced “Day 1” tariffs on Mexico and Canada, in addition to previously promised tariffs on China. Tariffs will definitely affect domestic prices, but how much, and will they truly cause catastrophic inflation? Today on the show, guest h ... Show More
14m 41s
Mar 2025
The week begins on a risk-off note
<p>US inflation concerns intensified, with the core PCE rising 2.8% year-on-year, fuelling fears of stagflation. Tariffs remain a significant concern, with the US poised to unveil new measures on Wednesday. The EU is bracing itself for a potential 20% tariff, and Goldman Sachs ha ... Show More
12m 22s