FOX Business Rundown: Holiday Hope For Lower Prices

The Fox News Rundown

FOX News Radio

Politics, Daily News, News

3.4 • 1.5K Ratings

🗓️ 13 December 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Lower prices are on many people’s wish lists this holiday season, but inflation remains a sticky issue. Labor Department data released this week showed prices were up 2.7% from a year ago. And while that was consistent with expectations, it did serve as a reminder of the challenges ahead for the Federal Reserve and the incoming Trump administration. Chief Market Strategist at Slatestone Wealth Kenny Polcari joins the FOX Business Rundown to discuss what policies he thinks could help bring relief to American consumers, why he does not support the Fed cutting interest rates, and why he remains optimistic about the stock market. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:56.6	I'm Jerry Willis and this is the Fox Business Rundown.
1:04.9	Friday, December 13th, 2024.
1:08.4	Lower prices are on the top of many Americans' wish list for this holiday season.
1:12.6	Will 2025 bring them the relief they've been waiting for?
1:16.6	So I think that speaks to exactly what the issue is, right?
1:19.6	What the consumer is actually feeling and what the quality of life really is versus the Fed just looking at data points and saying,
1:26.6	oh, it's all great.
1:28.2	It's, you know, we're good. We're going to cut rates again because everything's good. I don't think
1:31.9	it's good. Inflation remains a sticky issue. Labor Department data released this week show
	...

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