ECON: Boom or Bust? Or Both?

The Federal Reserve met this week and the new Chair Kevin Warsh raised the interest rate .25% with another possible hike before the end of the year. Diesel is higher than its ever been and a gallon of gas is around 4.25 for a national average. Inflation is still over 3%. Is this economy a boom or bust? Donald Trump and financial experts say its booming and Americans are asking where. Matt Palumbo and Booker Scott find the silver lining in America's economy. There are less people in poverty in America today than at any time in American history. The Atlanta Fed's recent GDP was 4.7%. Also, Leon Black has been referred to the DOJ for contempt of Congress in the Epstein investigation. And, we preview Chairman Xi's DC trip next week.Discover other shows on the Talk Red Podcast Network, and get your daily fix of news, sports, and entertainment at https://TalkRed.com.