Inflation Hits A 40-Year High. How Can The Fed Fight It?

Inflation continues to drag on the U.S. economy, with many Americans forced to adjust to harsher financial realities as the Consumer Price Index spiked to 8.6 percent just last month. Market fears about the pains of inflation have been realized, with the Dow dropping over 800 points and the S&P teetering toward a bear market. Moody Analytics Chief Economist Mark Zandi and former Trump economic adviser Stephen Moore join the podcast to break down the root causes behind soaring inflation, how the Federal Reserve may respond and to share their forecasts for the trajectory of the U.S. economy.

It’s been three months since Russia first invaded Ukraine, and Ukrainian President Volodymyr Zelenskyy reported that occupiers have now seized control of roughly 20% of Ukraine. Amid these global tensions, China is now posing an international threat, warning they will go to war to claim Taiwan if they declare independence. Lead Republican on the House Permanent Select Committee on Intelligence, Congressman Mike Turner of Ohio joins the Rundown to discuss how the U.S. would respond to a Chinese invasion, what can be done to aid Ukraine, and the recent developments with bipartisan gun control legislation.

Plus, commentary by FOX News Medical Contributor Dr. Marc Siegel.