Hold The Line w/ Buck Sexton - 06-15-22

The Buck Sexton Show

Premiere Networks

News, Government, Politics

4.7 • 4.8K Ratings

🗓️ 15 June 2022

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Federal reserve has announcing it is raising its key short-term interest rates by three quarters of percent, in an effort to curb out-of-control inflation. It's the central bank's biggest rate hike in 28 years. Also ahead, a special congressional race in in the Lone Star State is making headlines today, as Texas' deep blue district 34 has elected its first Republican in history. So, could this be the first indication of the coming red wave in November? Plus, House Democrats vote against added security for Supreme Court justices after the attempt on Justice Brett Kavanaugh's life, and the White House is reportedly rethinking its sanctions on Russia.

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Transcript

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0:00.0	Have you ever wondered what the media and Big Tech is hiding from you?
0:03.8	Like massive stories that actually affect you in your life that they don't want you to see
0:08.0	because they make the left and the Biden administration look bad.
0:11.2	Well now there's a podcast dedicated to exposing all of that each and every day.
0:15.6	So download the fastest growing podcast in the conservative movement,
0:19.4	the Ben Ferguson Show podcast right now.
0:22.4	That's right, you can listen to Ben Ferguson Show podcast on iHeartRadio app, Apple Podcasts or wherever you get your podcast.
0:29.0	Big news today, the Federal Reserve has announced it is raising its key short interest rates by 3-4% in an effort to curb out of control inflation.
0:36.0	The Central Bank's biggest rate hike in 28 years.
0:39.0	Also had a special congressional race in the Lone Star State.
0:42.0	Make it a special place for the state to be able to get a new record.
0:47.0	The Federal Reserve has announced it is raising its key short interest rates by 3-4% in an effort to curb out of control inflation.
0:53.0	The Central Bank's biggest rate hike in 28 years.
0:56.0	It's been a special congressional race in the Lone Star State making some serious headlines as a deep blue Texas district has elected its first Republican in 100 years.
1:08.0	So could this be the first indication of the coming Red Wave in November?
1:12.0	We'll take a look at that and more in over one.
1:15.0	From the standpoint of our Congressional mandate to promote maximum employment and price stability, the current picture is plain to see.
1:27.0	The labor market is extremely tight and inflation is much too high.
1:32.0	Against this backdrop, today the Federal Open Market Committee raised its policy interest rate by 3-4% of a percentage point.
1:40.0	And anticipates that ongoing increases in that rate will be appropriate.
1:45.0	Welcome to Hold the Lone on Buck Sexton.
1:47.0	That was Federal Reserve Chairman Jerome Powell talking about the big interest rate hike today.
	...

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