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The Fox News Rundown

Inflation Is Cooling, But Is A Recession Still Brewing?

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.41.7K Ratings

🗓️ 16 January 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

After months of inflation made everyday life a struggle for many families, Americans are finally experiencing some relief. With the latest Consumer Price Index data showing that inflation has fallen to 6.5% -- compared to 7.1% last month and nearly 9% last summer -- many families in the U.S. can relax as prices at the grocery store and gas pump ease a bit. Though there have been months of consistent progress, the Federal Reserve is aiming to lower the inflation rate to 2%, meaning Americans can likely expect more interest rate hikes until the Fed believes they've "finally beaten inflation." On the Rundown, Strategic Wealth Partners CEO Mark Tepper joins to discuss why the inflation rate does not reflect the health of the entire economy, the probability of a recession hitting the US despite inflation cooling off, and what "sticky inflation" is and why it's important Americans pay attention to it. During the early days of the Covid-19 pandemic, many Americans mourned as family members succumbed to the infectious virus. FOX News Senior Meteorologist Janice Dean experienced this tragic loss as well. After the deaths of her husband's parents at senior care facilities when infected with Covid, Janice made her voice heard and demanded accountability from former New York Governor Andrew Cuomo concerning his Covid policies. Now, she has a book that tells the stories of other people who fought back even when the odds were against them. She joins the Rundown to discuss how she felt empowered to stand up to injustice, and other stories of everyday heroes in her book, "I Am The Storm." Plus, commentary by FOX News Contributor Deroy Murdock. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I'm Emily Campagno, host of The Fox True Crime Podcast.

0:03.6

I'm bringing you gripping details straight out of some of the most horrific crimes.

0:07.8

Join me starting September 18th for a week of true crime content you won't want to miss.

0:12.9

Be sure to subscribe wherever you listen.

0:14.9

I'm Ainsley Earhart.

0:15.9

I'm Charles Payne.

0:16.9

I'm Martha McCallum, and this is The Fox News rundown.

0:20.5

Monday, January 16th, 2023, I'm Jessica Rosenthal.

0:28.5

Relation seems to be heading in the right direction, so what is the Fed do next?

0:32.6

And are we still talking about a possible recession?

0:34.8

We're seeing the layoffs get bigger and bigger and bigger.

0:38.8

Consumers are starting to fray around the edges, and as the consumer, the consumer's

0:43.9

health continues to deteriorate, you're going to see more and more layoffs.

0:48.0

I'm Chris Foster.

0:49.0

Fox senior meteorologist Janice Dean's new book tells the stories of people who never

0:52.5

give up.

0:53.5

All human beings that are up against something that's greater than themselves and realize

0:58.1

that but continue to fight despite the odds.

1:01.5

And I'm DeRoy Murdoch.

1:02.5

I've got the final word on the Fox News rundown.

1:09.0

Inflation keeps going down.

1:11.0

Last week, the latest consumer price index data put inflation overall at 6.5 percent,

...

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