Inflation Eases, But Some High Prices Are Here To Stay

The Fox News Rundown

FOX News Podcasts

Daily News, News, Politics

3.4 • 1.7K Ratings

🗓️ 14 December 2023

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Federal Reserve signaled Wednesday that they're done raising interest rates and could even cut them in 2024. However, despite the good news just in time for the holidays, Americans are still feeling the effects of inflation, with the cost of many everyday items significantly higher than just a few years ago. Mark Zandi, Chief Economist at Moody's Analytics, discusses the state of the economy, why prices for some services and items will never decline, and the likelihood of the U.S. entering a recession next year. As online shopping becomes more popular around the holidays, scammers are developing smarter and sneakier ways to steal your information. If you're looking to buy gifts for family and friends, donate to charities, or even adopt a furry friend this holiday season, knowing how to ensure that you're using reliable sources and keeping your information protected is crucial. On the Rundown, Director of PR and Social Media at the Better Business Bureau Melanie McGovern discusses the most popular scams to look out for when scrolling on social media or ordering online and how to tell if the charity you're donating to is authentic. Plus, commentary by Jason Rantz, Host of the Jason Rantz Show and author of "What's Killing America." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:27.0	I'm Trey Gowdy. I'm Jerry Willis. I'm Bill Hemmer and this is the Fox News rundown.
0:35.0	Thursday, December 14th, 2023.
0:41.0	I'm Dave Anthony. The Fed is keeping its foot on the brakes with no interest rate hike again.
0:48.8	A signal the economy is doing okay.
0:51.0	Recession risks are still, you know, elevated compared to what you might expect in a typical year,
0:56.1	but I feel pretty good.
0:58.2	I think the economy is going to hang tough.
1:00.5	And Lisa Brady, holiday shoppers beware. tis the season for scams I found this ad I tried to purchase the product and ended up not getting the product and not getting my money or losing my money And I'm
1:13.7	getting my money.
1:12.0	And I'm Jason Rants.
1:14.0	I've got the final word on the Fox News rundown.
1:17.0	There are just 11 shopping days left till Christmas and for Americans
1:26.0	racking up some credit card debt buying presents the Fed just gave us a little bit of
1:30.7	an early gift saying no to another interest rate hike.
1:34.6	Inflation has eased from its highs and this has come without a significant increase
1:38.9	in unemployment.
1:40.3	That's very good news.
	...

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