FOX Company host Stuart Varney says 'inflation is not limited to power' throughout his 'My Take.'
…
STUART VARNEY: Rising cost of living is not limited to power. The cost of wheat has actually increased an unbelievable 50 percent given that February 24th. When the war started. You get a shock at the gas station. You get a shock at the grocery store.
What's Biden mosting likely to do concerning it? Not much. He discusses investing more cash to reduce prices. Not sure that works. He is stated to be thinking about going on with the keystone pipeline. Little bit late for that.
What's the Fed doing regarding it? Jay Powell will certainly increase interest rates a quarter factor this month. That won't do a lot short-term.
…
Subscribe to Fox Organization!
See more Fox Business Video:
Watch Fox Business Network Live:
FOX Organization Network (FBN) is an economic information network supplying real-time info throughout all platforms that affect both Main Street as well as Wall Road. Headquartered in New York City– the business capital of the globe– FBN released in October 2007 as well as is one of the leading service networks on television, having topped CNBC in Organization Day customers for the 2nd consecutive year in 2018. The network is offered in virtually 80 million homes in all markets across the USA. Had by FOX Firm, FBN is a device of FOX News Media as well as has bureaus in Chicago, Los Angeles, as well as Washington, D.C.
Comply With Fox Service on Facebook:
Adhere To Fox Service on Twitter:
Follow Fox Company on Instagram: