Inflation the worlds biggest economy last month dampened expectations. That decision comes a day before Second Quarter gdp figures are released and many economists are expecting the us economy likely remained in expansion during the april to june period. Rounding off the week will be the bank ofjapan. Last month they saw core consumer prices, excluding food, rising higher than the banks Inflation Target so that put extra pressure on the central bank to tweet its altar easy monetary policy. I earlier spoke to naim aslam and he told me how he expected the fed to go. I think the Federal Reserve isnt under immense pressure, as they were before the inflation data, as you rightly pointed that out. Because inflation is sitting at 3 and im speaking about the headline inflation, which is not that much farther from the Federal Reserve s target of 2 and especially if you compare what this number was. It wasnt too long ago when we saw this number in double digits and falling all the way to 3 . Whe
Inflation the worlds biggest economy last month dampened expectations. That decision comes a day before Second Quarter gdp figures are released and many economists are expecting the us economy likely remained in expansion during the april to june period. Rounding off the week will be the bank ofjapan. Last month they saw core consumer prices, excluding food, rising higher than the banks Inflation Target so that put extra pressure on the central bank to tweet its altar easy monetary policy. I earlier spoke to naim aslam and he told me how he expected the fed to go. I think the Federal Reserve isnt under immense pressure, as they were before the inflation data, as you rightly pointed that out. Because inflation is sitting at 3 and im speaking about the headline inflation, which is not that much farther from the Federal Reserve s target of 2 and especially if you compare what this number was. It wasnt too long ago when we saw this number in double digits and falling all the way to 3 . Whe
Inflation the worlds biggest economy last month dampened expectations. That decision comes a day before Second Quarter gdp figures are released and many economists are expecting the us economy likely remained in expansion during the april to june period. Rounding off the week will be the bank ofjapan. Last month they saw core consumer prices, excluding food, rising higher than the banks Inflation Target so that put extra pressure on the central bank to tweet its altar easy monetary policy. I earlier spoke to naim aslam and he told me how he expected the fed to go. I think the Federal Reserve isnt under immense pressure, as they were before the inflation data, as you rightly pointed that out. Because inflation is sitting at 3 and im speaking about the headline inflation, which is not that much farther from the Federal Reserve s target of 2 and especially if you compare what this number was. It wasnt too long ago when we saw this number in double digits and falling all the way to 3 . Whe
just in, brand-new charges against bob menendez of new jersey, going further then the accusations of the luxury cars and cold hard cash, now another country is in the pockets of the new jersey senator, allegedly. the scramble to learn how two planes ended up on a collision course before bursting into flames, video shows the panic on the passenger plane as nearly 400 people on board s escaped alive, and later, breaking news, the first major court filing for donald trump just a short while ago, as his team appealed the decision to remove him from the states primary ballot, this is just one of many legal issues facing mr. trump, colliding with the 2024 presidential election. what is trump s team basing this appeal in maine on? reporter: what they are saying is the main secretary of state exceeded her authority to disqualify the former president based on the 14th amendment, also the 14th amendment of section 3 which says you can t hold certain offices if you have engaged in in
watching us here in the united states, canada, and all around the world. i m kim brunhuber. ahead on cnn newsroom, recovery efforts are underway after the u.s. military shot down a suspected spy balloon over the atlantic ocean. meanwhile beijing is warning it will use necessary steps in similar situations. could this push the u.s. toward a cold war with china or will both sides find a diplomatic solution? after days of suspected spying over the u.s. mainland, a chinese balloon was abruptly shot out of the sky on saturday by a u.s. fighter jet. the balloon was so high up when it was destroyed, the sound of the blast took several seconds to reach the ground. listen to this. and the shoot-down ended days of concern and speculation about the balloon s purpose. chinese insist it was a balloon. the u.s. is confident it was conducting a survey over the ocean and the u.s. issued a fighter jet with heat-seeking missile to destroy it. the debris landed in water that s about 47 feet