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tv   Fox News Live  FOX News  June 19, 2022 10:00am-11:01am PDT

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on our fresh ingredients. so you can save money and live better. ♪ with best western rewards you get rewarded when you stay on the road and on the go. find your rewards so you can reconnect, disconnect, hold on tight and let go! stay two nights and get a free night. book now at mike: four inmates on the run after escaping from a federal prison in virginia. the intimates went missing from the prison around 1:45 a.m. this morning in hopewell, virginia. four inmates in minimum security prison for gun related charges. marianne with the story. , are the inmates walked away from federal prison satellite in
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virginia. the security in hopewell was not as tight as it would have been as maximum facility. lamonty willis and shaw were missing on saturday and serving lengthy services for gun and drug charges. the federal bureau of prisons has come under fire for lack security at similar complexes where it's typical to leave doors unlocked and security cameras not in working order. the u.s. marshal service has launched an internal probe and the fbi and local law enforcement are involved as well. mike. mike: marianne rafferty, starting us off. anyone with information on the four men encouraged to call
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(804)545-8501. rising inflation and soaring gasoline prices are weighing heavily on the biden administration prompting historically low poll numbers. lucas tomlinson joins me live from the white house with the very latest, hi, lucas. lucas: hi, mike, after president biden fell off bicycle while ride target beach today, today the new york post showed the president on the asphalt with a headline said, quote, joe hits new low, just like the u.s. economy and his approval numbers. not exactly the photo of strength the white house wants to project. that's probably why the president after the incident last night at church came out, spoke -- jumped up and down to show the press and the spectators that he has recovered fully but at fox news top economic adviser acknowledged the pain many americans are feeling in the wallets while trying to sound upbeat. >> we have a stronger and better position to tackle inflation than almost any other country around the world but that's what
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we need to do now and the president has made very clear that fighting inflation, bring down prices is top economic priority. lucas: for weeks biden blaming russia's war in ukraine. half of the country blames biden for record-setting gas prices. 32% blame putin but one and ten americans blame biden and putin. fox news sunday senator mike lee says if the republicans are successful in taking back congress in midterm elections, this is what his party will do to lower inflation. >> we need to focus on regulatory reform as the first order of business. that would help bring down inflation. most of our laws measured by volume, weight, word length, economic impact, you name it are currently made by unelected unaccountable bureaucrats. >> also senator lee says on gun control, there's still no legislation despite the announced proposal last week. he says there's still no bill or no text, mike. mike: we had the framework a
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week ago but no legislative text. we will see where it goes. lucas tomlinson live from the north lawn, thanks a lot. gop strategist and american conservation coalition vice president of government affairs and al, democratic strategist and former hillary clinton campaign national finance team member. gentlemen, in studio, it's great to have you and happy father's day. >> you too. mike: all right, let's dig into some numbers. issues voters say republicans handle better, inflation plus 19, border security plus 19, crime plus 13, trust me on this, the graphic will come up soon, foreign policy plus 8, preserve and democracy plus 1. al, how difficult are these numbers? >> pretty difficult, mike. but, look, this happens in every midterm. it happens to president trump. he lost congress. it happened to president bush and clinton and obama. it's not atypical to lose one or
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two chambers of commerce during midterm. i think we will keep the senate but this is not unexpected. mike: so explain why do you think you keep the senate? >> well, republicans have a history of snatching defeat from the jaws of victory. candidates matter. in pennsylvania you have dr. oz running ten points from a man recovering from a stroke. in ohio you have jd vance, author public i will said these folks need to understand that manufacturing jobs just aren't going to come back to ohio and gouge, you have someone who is a campaign consultant's nightmare in herschel walker. we are ahead in some of the states and we will ride to narrow victory in the senate. mike: from the same fox news poll, issues democrats handled better, climate change plus 15, abortion plus 8, voting rights plus 6, election integrity plus 3, coronavirus plus 3, what do you make of the numbers of both
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polls? >> al has pointed it's always tough for the party that's in the white house coming into the midterms. but it feels like nothing has gone right in the last year and a half. it's one thing after another and the biden administration does not seem up to the task. it doesn't seem stable. when it comes to that issue of climate change, i think that's one of the areas, one to have few areas of weak points when it comes to republicans. the republicans just released climate change. the house republicans released climate plan in the last couple of weeks ago. i'm expecting a clean sweep in the house and senate. mike: i was going to ask you what about the senate? >> i think what it comes down to that inflation is going up and people are afraid of the direction the country is going right now. they are going to want to change. that's what it's going to come down and that's what's in their minds when they hit the polls in november. mike: most important issue to your vote, inflation, 41%, guns 12%, abortion 10%, border security 1%, climate change 5%,
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crime 5%, election integrity, 4%, coronavirus 3%, inflation being overwhelming, al, how endangered are the democrats in the ballot this fall? >> very much. on guns i think the numbers will go up and favor democrats because they'll be a deal and signing ceremony at the white house. on abortion the supreme court will come out with a decision will enrage suburban women that are typically democratic voters but not reliably voters and that can give us surge that can help in races. mike: bill, 41%, what does that republicans on the ballot? >> i think when it comes for the issue of abortion, we were expecting massive blowback when the news came out. i don't think it's as decisive as al is saying here. what it's going to come down folks can't afford groceries or
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gas right now. that's what's on voter's minds and they will be voting republican this fall. mike: abortion ruling was a draft. we await the final ruling from the high court. we will see if we get that this week. to red hot issue on capitol hill, we were talking about a framework of a gun, mental health security package. al, is it in trouble because we don't have legislative text? >> i don't think so. mitch mcconnell has come out that he generally supports framework. he's a very careful leader. he doesn't do that if he doesn't going to end up and yes, the folks working on this, chris murphy, john cornyn and kyrsten sinema are working this out and one thing that democrats are not putting issues on the table that americans can want stomach. they are not saying we can't have assault weapon's ban.
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mike: quill, a lot of republicans want to see legislative text. >> sure we saw in the polling from fox that there's a big appetite for action when it comes to this issue of gun control but i think the challenge here is that people want to address -- want to address this issue, they want to prevent future shootings but they don't want their constitutional rights infringed. that's a very tough line to follow here and i'm not quite as confident that they are going to be able to come up with a solution here. i certainly think that there is certain topics when it comes to this issue of gun control and there could be common ground but i'm hesitant that they will see a result in the next coming years. mike: mid june to late june, is this a seismic week at the high court? >> well, this week and the next week, right. they have big decisions on guns and big decisions on life, choice, so it's going to be momentous no matter what happens. you look at the security they put around it. you say there hasn't been a surge but there certainly were
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from a security perspective. mike: monster week at the high court? >> we will have to see. what it's going to come down to inflation this fall. mike: pocket-book issues. >> that's it. mike make great to have you in the studio. thank you so much. >> thank you. mike: fox news sunday today, white house director of national economic counsel brian diece and mike lee. stay tuned that's coming up right after the show. as more than a thousand canceled flights leave people stranded pete buttigieg are pushing airlines to do something about it. jonathan sirri tracking develops in jackson international airport. >> hey, there, mike, in fact, u.s. transportation pete buttigieg experienced a canceled flight of his own on friday which inspired some of his ire.
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he spoke with the associated press on saturday saying that he wants airlines in the u.s. to stress test their summer schedules. he wants to ensure that airlines can operate all their plan flights this summer with existing staff and hire additional customer service workers. pete buttigieg says the transportation department could impose fines on airlines that fall short of consumer protection standards. the transportation secretary's actions come in response of growing complaints from travelers. >> when we checked in the ticket agent had said that almost all of the flights were delayed or canceling today. so i was just glad that at least ours wasn't canceled completely but now we won't get home until 1:00 a.m. >> one or two things, renting a car, driving 7 and a half hours to charleston or spending the night in a hotel. >> airlines blame the
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cancellations and delays on a variety of factors including severe weather and staff shortages due to covid infections now that the federal government is increasing pressure on airlines there is concern that some airlines may cut back on summer flights to ensure the ones they keep arrive on time. secretary pete buttigieg says before he takes any action he wants to see how well airlines are able to perform during busy travel months particularly during the fourth of july holiday weekend, mike. mike: we see a whole lot of summer travelers. jonathan, thank you so much. border officials dealing with surging numbers of migrants as summer temperatures rise, we will have a live report from the rio grande valley after the break. ♪ ♪ ♪
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mike: these are live images from our southern border. customs and border protection releasing new eye-opening stats on the number of people arrested on the fbi's terrorist screening database. bell melugin live in hidalgo, texas with the very latest, hi, bill. bill: good afternoon to you. cbp releasing new data that so far in fiscal year 2022, 50 people on the terror watch list
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arrested by border patrol here at our southern border this as the amount of illegal crossings continues to shoot through the roof. case in point, take a look at images put out by border patrol in rio grande valley sector. they report over the last two days they encountered 3 massive groups of migrants totaling 512 people. that was in both hidalgo and star county mixed with the group of more than 500 people, 146 unaccompanied children, mostly from central and south america. there have been more than 362,000 illegal crossings in this sector just since october. they are not the only ones getting hit. take a look at the images out of del rio sector, a few hours from where we are, in the past 48 hours, border patrol reporting that they encountered 8 massive groups totaling 1,800 people, some groups of more than 301 migrants. they have had more than 307,000 illegal crossings since october. their number is up 122% over the
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same time last year. then we will take you over to arizona, take a look at the images out of yuma sector. that sector also getting hammered. they have had more than 290,000 illegal crossings since october first. their numbers are up a staggering 318% over the same time last year. the arizona attorney general mark blast the biden administration saying they are at fault for this historic border crisis. take a listen. >> we know that the biden administration is welcoming folks here that are here i --illegally, what are the people going through 100 plus degree temperatures and tracking through deserts like arizona and texas, what intentions do they have, you don't have to be a rocket scientist that those people are coming here to do bad things. bill: and, again, just to reiterate, president biden has never been here to the southern border in his entire career and
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vp kamala harris, the so-called border tsar she's not been down here since last june since she visited el paso, a sector which sees a fraction of the activity that more busy sectors do. mike: bill, you basically have lived there in the last year, year and a half, how worse is it now from say a year ago? >> significant worst. fiscal year 2021, the whole year was about 1.7 million encounters with migrants. that set the all-time record. we are already at 1.5 million in fiscal year 2022 and we still have four months left to go in the year. so we are going to blow the record out of the water, mike. mike: i'm wondering your contacts that you developed over your time down there, are they wearier at that point because it's been relentless assault at our southern border? bill: they are, morale is rock
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bottom especially when it comes to border patrol agents. they feel like they are essentially turned into social workers, just taking care of families and kids and doing paperwork. they tell us uber drivers sometimes just transporting migrants around a lot of the guys signed because they wanted to go after the bad guys, cartel, drug smugglers and out on patrol, many are out of patrol essentially doing paperwork and processing, mike. mike: bill melugin live in hidalgo, texas, thanks very much. 7 members of stephen colbert's production team arrested by u.s. capitol thursday night after illegal entering house office building. alexandria hoff live with more. hi, alex. alex: hi, mike, yeah, this group was producing a comedy skit about the january 6th hearings. the fact that they would then be charged with unlawful entry into the capitol makes the mockery about just everything according to lawmakers claudia tenney.
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>> it shows democrats are not serious. it's all political theater. >> the group of 7 was working for the late show with stephen colbert and had been inside the capitol earlier in the day and arrested in the office house building thursday night after closed to visitors. >> and it's my understanding they were offered a way back into the house buildings by a staffer who worked for the other member of congress. then they were -- they were -- they were actually seen -- they were actually seen banging on the doors of people like kevin mccarthy's office, jim jordan's office. alex: so here is what happened. sources tell fox news that earlier in the day the group had been escorted out of january 6th committee because they lacked proper press credentials. after kicked out of capitol complex, they found a way back in and we were told aide of massachusetts congressman who let the group to go out unattended and came from chad
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who was the first on the story. the puppeteer behind the comic was ins to report a segment but, quote, after leaving the members' office on the last interview of the day the production team stayed to film standups and other comedy elements in the hall when they were detained by capitol police. the u.s. capitol police tells fox news there was a disturbance 8:30 thursday night and say additional charges are possible. mike: alexandria hoff, thank you very much. high prices digging deep into americans' wallets, we will find out if there's relief in sight. next. ♪ ♪ ♪ rugged 33-inch tires, and front and rear electronic locking differentials. dude, this is awesome... but we should get back to work. ♪ ♪
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>> thank you for having me. mike: has the fed been too slow to respond to inflation and what's the impact of the recent rate hike and potential upcoming rate hikes? >> so the fed has been very slow. indeed, i think this whole mess is self-inflicted. so obviously we needed some liquidity at the height of the covid panic and the fed provided that liquidity but then we quickly recovered. stock markets went all time highs. unemployment was decreasing yet the interest rates were zero and it didn't make any sense and we could see inflation building, continue to build. the fed was in denial, denial, it was temporary and then finally they retired the word temporary, indeed, right now it's too late. mike: let's show -- sorry, go ahead, sir. >> you think about the comparison to the 1980's
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because that's really where we are. inflation is at a 40-year high. 1981, the fed funds rate was 19%. 19%. and -- and now we are debating over 25 basis points, 50 or 75. we've got inflation at 8.6%. we've got fed fund rate at 1.6%. 7% gap. that gap is unprecedented in history. so a lot of this, i believe, is self-inflicted and also raise your hand if you think that raising the fed funds rate by 75 basis points is going to make any impact whatsoever on the price of gasoline or the supply chain issues. mike: right. >> i really think we have it wrong here. mike: let's show a viewers graph of inflation over the decade. you see the spike right about now. where does this end?
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>> so unfortunately it ends in a hard landing. so given the fed is so late they both used this blunt instrument which is basically they think they can control the inflation rate just by increasing the fed funds rate. it is a very blunt instrument and i fear that it's going to push us into a recession and potentially a hard landing a recession and it is quite unfortunate because there are other things that could be done. mike: one thing our viewers and every american is feeling right now is food inflation. meat up 12.3%. eggs up 32%, milk up nearly 16. fruit and veggies up 8% and coffee up more than 15%. how alarming are those numbers? >> it is very disturbing. and inflation is a tax. get this straight. it is a pure tax.
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it's like the government taking away a part of your expenditure and it is a tax that particularly affects those that are lower income and it's very important. again, i would have a different approach, a completely. instead of just using this blunt instrument, i would take like the 400 phd economists at the fed and assign them the different components of inflation and give them the task, come back to me with things that we could actually do to reduce the rate of inflation and some of it would be combination of fed and treasury but go through the components, go to the sources. i've got actually a good example and this is the city of long beach. so long beach is the major port for containers in the u.s. and we all know we've got a supply
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chain issue. and there was a backlog, a significant backlog and the city of long beach has a regulation saying that you can't stack more than two containers because of t interferes with the view of the water and said we have a a national problem with supply chain and we will allow 4 to 5 to be astacked and even though it's inconveniencing our citizens within our city for the short term, we want to do the right thing for the nation and help resolve the supply chain issue. there are hundreds if not thousands of things that could be done just like that and i'm very discouraged that the only thing i hear about is, well, 50 basis points, or 75 basis points. mike: right. professor campbell harvey from the great duke university, thank you so much for your time and your analysis today.
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>> thank you. mike: the war in ukraine could last for years, nato secretary general said today calling on western governments to continue supporting ukraine to deter russian aguess. steve harrigan has details from odesa, hello, steve. steve: mike, before russian invasion many predicted if there was a war it would only last a matter of days. now the war between russia and ukraine is well into fourth month and the head of nato says it could last years. with proper military aid ukraine can begin to take back territory in the east of ukraine that has been losing steadily to russia under very heavy artillery assault. in the meantime ukraine's president zelenskyy leading kyiv for black seacoast and he's come to the embattled city of
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mykoliav to odesa seeing sights of destruction. here is zelenskyy. >> we will not giveaway the south to anyone. we will return everything that's ours and the sea will be ukrainian and safe. >> finally family members of 3 former u.s. service members who have come here to ukraine to fight and may have been captured by the russians are speaking out. so far no confirmation from the state department on those three, their status or any contacts with russia. the state department has repeated, though, a warning from president biden americans should not go to ukraine. mike, back to you. mike: steve, you spent significant time during this conflict in ukraine over the years. i'm curious what the mood is like there and how the people are doing? steve: mike, the city has been hit with deadly strikes just a month ago, not too much recently so when an air raid went off yesterday mid afternoon i did not see people leave the
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sidewalk, people walking their dog, people with children, they assume the rocket missiles will fly overhead for now. mike: steve harrigan live in odesa, many thanks. a juror in amber heard and johnny depp's defamation trial speaking out. the actress didn't come across as believable in her testimony. senior correspondent laura ingle has more on the insight scoop into the jury's deliberations. >> this is the first time we are hearing from one of the jurors about their thoughts during the wildly publicized defamation trial which aired out extremely personal and at times disturbing details about the couple's marriage. the juror who was not giving his name or juror number spoke with good morning america said he didn't feel amber heard came across as believable during the trial saying, quote, the crying, facial expressions, the staring at the jury, all of us were very uncomfortable.
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she would answer one question and would be crying and two seconds later she would turn ice cold. some of us used the expression crocodile tears. here is a portion of her testimony. >> i have the right to tell my story, i have the right to say what happened to me and i have the right for my voice and my name. >> the jury said that depp was the most truthful about the volatile relationship saying, quote, a lot of the jury felt what he was saying at the end of the day was more believable. he seemed a little more real in terms of how he was responding to the question. his emotional state was very stable throughout. here is depp responding to the accusation of being abusive and violent during his testimony. >> i'm in total shock that this is happening to me. you do get irate, you do wonder why this person is doing this to me, so, yeah, many things go through your head. >> the juror added that in the
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end they thought they were both abusive to each other and he doesn't believe that makes either one of them right or wrong but her side didn't have enough evidence to support what she was saying. mike: laura ingle, thank you very much. yellowstone announces when it will partially reopen after historic flooding and damage forced the park service to barr visitors. details next. ♪ ♪ ♪ life... doesn't stop for diabetes.
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mike: yellowstone national park plans to partially reopen to visitors on wednesday after severe flooding shut down all 5 of the famous parks entrances. tourists have been flocking to the destination for the parks 150th anniversary celebration before unprecedented rainfall caused severe damage to the area all during very busy visitor season and could take more than a billion dollars to repair the legendary park. newest federal holiday juneteenth being celebrated across the country this weekend commemorating the end of slavery here in the united states. lauren green joins me live with more, hi, lauren. lauren: hey, mike, juneteenth commemorates the news emancipation reached the slaves in galveston, texas, the last ones to hear that they were free, however, some feel the
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country is grappling with the reality of what it means to be truly free and equal. christian ministers are working to find common ground at the birthplace of the civil rights movement. >> they always ask me is he a racist, do i think he's a racist. lauren: odel cleveland and alex are pastors in the south who grew up during violent years that brought integration. it was here in north carolina at the world war in 1960 that four black college students defied segregation laws and sat down asking to be served. today the counter is still here. the building now the international civil rights museum. >> we came here so many times when i was a child. i've eaten right along the seats. i wasn't allowed to eat at the counter. so when we talk about juneteenth and moving forward and where we go to, so now you and i can sit down and eat together. we can break bread together. lauren: formed a friendship to answer questions of where we are
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in race relations 160 years after the civil war ended believing that their shared faith is strong enough to bridge cultures. >> we don't want to offend but we definitely want to make feel comfortably uncomfortable. lauren: greenboro played a role. it's believed that near this spot a decision was made on april 13th, 1865 to end the war. president jefferson davis knew the confederate army was defeated and slavery would end and lives would be changed forever, but ending the war, surrendering to the union proved much easier than winning peace. >> emancipation only meant that formerly enslaved persons were free. that they were not in bondage to other persons but told nothing about the status in the community.
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lauren: one of the contentious disagreements is over reparations, paying descendants of slaves. >> you don't resolve an injustice with another injustice. for someone who never owned slaves to pay to someone who wasn't a slave. >> my good friend alex would say, hey, i don't any slaves, that's what i get a lot of times. when i go back, we can't move past it or around it, let's move through it together and move through it together is a way that we can understand. lauren: the two agree that when people do the right thing momentum builds quickly and they are working together to do their part. slavery is an evaluate that demeans all people because they are made in god's image. mike: lauren as chief religion correspondent, i'm curious what the mood would be or message would be from pulpits of predominantly african-american
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churches on this now that it's a national holiday. lauren: the churches understand and they've been celebrating juneteenth for many years because only last year it was made a federal holiday and only a few holdouts, even a few states held out last year and i think the juneteenth celebration has been something that black churches have embraced and trying to bring in more churches, more white surges because they need to dialogue. the idea is that christianity is -- is not a religion based on your race. it's a religion based on your relationship with jesus christ and so they are saying, we need to go deeper than our skin in order to find the -- the thing that binds us. mike: beautifully done. great to have you lauren green, thank you so much. today is a special day for all dads. we will talk about something extra special military dads coming up next. ♪ ♪
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mike: one mission of the ymca to make sure bond lasts with children on father's day. the armed services ymca chief development and marketing
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officer, welcome. >> thank you, mike, happy father's day. >> thank you, happy father's day to all the fathers out there. question to you, our united states military has been deployed a great deal since 911 attacks 21 years ago, what are you doing to help the military fathers and their military families? >> yeah, i mean, father's day is all about celebrating the dads in our life. unfortunately we don't think it should only be set for one year for just the reasons that you explain. many as military moms and dad quite frankly miss the special day and we celebrate moms and dads year around and we focus on creating memories together. they miss so many milestones and so many memories that come with that. they are probably gone more often than not on father's day so we want to make sure that this week in particular and throughout the year they have the opportunity to create lasting memories with those children. >> and, of course, we see the video of the homecoming reunions
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when service members come home. >> yeah. mike: not a dry in sight. you talk about making memories for military families because dads and moms are frequently away. talk about some of the special moments that you have been able to create? >> yeah, well, this week we hosted dad and doughnut event. one in hampton road where they get to come to work a little late, spend extra time with their kid for those dads who were home this week. for those who weren't we had craft events at fort bragg and clean, texas and other locations where they can make handmade gifts that they could send home and in some cases send abroad if their dad is not home. next month we will be hosting a daddy-daughter dance. we've already hosted within earlier in the month in camp in clean, texas, these are fun events. in hawaii we had with tea with dad event. again, it's all about the
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memories and in alaska we are giving away a weekend adventure so that dads can find time to really unwind which our military dads need particularly this year with what's going on with ukraine. it's been a particular tough year for them. mike: no doubt. you talked about what you have done around father's day. what about special events the rest of the year? >> yeah, so the daddy-daughter dances happen throughout the year and that's, again, about really just allowing the opportunity for dads to connect with their daughters. we have son -- father-son weekend adventures especially at branches in southern california and up in alaska where you have an opportunity to really go out and bond in nature. we have a horse ranch out in southern california where we do family reintegration camps where it's really about some of these fathers, they spend more time away from their kids than with them. that's really hard. i met a father once out of the at the point mountain division at fort drum, had a 4-year-old, 4 years of the child's live had
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been accumulative total of 1 months with him. so you're a father, you understand how much kids change the first four years of life. imagine leaving your kid and they can talk and walk and have opinions and that's really tough. so we try to create opportunities where families can come together and learn how to toreintegrate and long-term impacts are mission readiness and we know the service member is mission focused and that can be the difference between mission success and failure and can be difference between life and death for the soldiers. mike: we have a huge patriotic audience and i'm wondering what folks at home can do to help military families? >> i encourage people to go to the website. we do a lot of food
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distribution, military families are feeling hard inflation right now. we gave away 2 million pounds of food this year. we need more volunteers to help us get the food particularly right now and just anything that you can do to help not just service members. i always say if you support the military, you also have to support military families. the people who stand behind them that make what they do as possible. mike: thank you for the work that you're doing and thank you for your time today. >> thank you again, mike. mike: we will celebrate the fathers of fox news live production team right after the break. ♪ ♪ ♪ once upon a time, at the magical everly estate, landscaper larry and his trusty crew... were delayed when the new kid totaled his truck. timber... fortunately, they were covered by progressive, so it was a happy ending... for almost everyone. [♪♪] so it was a happy ending... if you have diabetes, it's important to have confidence in the nutritional drink you choose. try boost glucose control®. it's clinically shown to help manage blood sugar levels
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and contains high quality protein to help manage hunger and support muscle health. try boost® today.
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mike: before we go we want to take a moment to thank all the amazing fathers. gillian randall with her father jeb. oliver's grandfather bret bennett. lakea as the begins with her father. associate producer callie walton with her dad brian. here is alicia monaco with her dad tony. associate producer with her father. our show producer with her father chris. our live producer's far it.
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and a throwback with owen renfro. i get choked up when talking about my late father. i am grateful to my wife for bringing them into the world and guiding them with me. i am wearing a green tie for my dad, his favorite color. happy father's day to all the great dads. thank you for joining us for this hour of fox news live. "fox news sunday" with shannon bream is next. i'm mike emanuel. thank you for watching. have a nice father's day.
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[♪♪♪] shannon: i'm shannon bream. the federal reserve's moves to cool the red hot economy rattle markets as americans feel the financial strain. another current picture is plain to see. inflation is much too high. shannon: borrowers will pay more for homes and cars. >> inflation is. shannon: we'll ask whether the solution can spark a new set


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