with what economists are expecting for the latest inflation figures that they will likely show that inflation went up slightly month over month, but it will drop year over year. numbers like that would be encouraging for the us federal reserve as it debates whether or not to make a change to interest rates. well, the us central bank started hiking rates aggressively last year. authorities have hiked rates ten times marking the fastest tightening cycle since the 1980s. expectations are high that this time , they might pause. earlier, i spoke with market strategist charu chanana, and she gave me her outlook for the us federal reserve. expectations are built in for the next two quarters. this time. i think the markets are being complacent about that slow down in information that you just talked about as well as a potential fall or skip, whatever you might call it. if you remember, last week we got some hock wish trends in the market from the reserve band of australia and reser
mystery surrounding secretary austin s illness and hospitalization with new nbc reporting on president biden s point of view. plus, secretary blinken heads back to tel aviv after a new wave of explosions along the gaza strip and new israeli strikes against hezbollah targets in lebanon. and we will go live to south carolina where president biden will arrive this hour ahead of his speech at mother emmanuel church as part of his 2024 campaign kickoff. thanks for being here. it is 11:00 eastern. i m ana cabrera joining you for a special second hour this morng. josé diaz-balart will be up at noon today. it is the final push in iowa for republicans running for president, and the front runr donald trump is not even holding a campaign event in the hawkeye state until this weekend. the former president, who is out defending january 6th rioters again is set to appear in courtrooms instead, in two separate trials this week. meanwhile, the two candidates fighting for second place,
the dear colleague letter from speaker johnson. tell us what you know about this agreement. we ve got a lot of numbers here. yes, symone. a lot of numbers. a little bit of a discrepancy and what we re hearing from republican leader, speaker johnson and democratic leaders. you mentioned we have that dear colleague letter that gives us the first sense of these top line members. you know, one point 59 trillion for fiscal year 2024, which republicans say allots 886 billion dollars in defense and 704 billion in non-defense. now, democrats are saying that they ve secured more than 772 billion in non defense spending. so, this is getting a little in the weeds here. but the difference is a side card dam deal that is a 69 billion dollars, that was negotiated as part of that speaker mccarthy, biden deal. and so, that is actually sticking around, explaining that discrepancy. what this does is it allows democrats to show that they ve got more money and it allows speaker johnson to kind
colbert. good evening, reverend sharpton. always good to see. i ve been keeping abreast of your activities this week, and want to applaud you for your protest with respect to the pushback that we are facing around d.c. and i efforts across the country. but i do have a quick question for you. for a policy measure, what s it gonna take for us to actually move the needle and finally keep dni from having the attacks that it s currently facing? i think we must make cities, municipalities, states and others, say that the a.i. must be enacted if people are gonna get state city contracts are funds. these businessmen, when we picketed on thursday, i ll do business in the public space. they cannot do public space business with taxpayer dollars if they re not trying to make it an equal place for all. so we need to have politicians putting legislation and policy in place to protect dei. well, that protection doesn t start without any pressure. and so with that, reverend sharpton, t
watched metric because if consumers believe inflation will fall they will already adjust their spending patterns in anticipation of what is to come. those consumer expectations happened to jibe pretty closely with what economists expect for the latest inflation figures. they will likely show that inflation went up slightly month over month but it will drop year over year. month but it will drop year overyear. numbers month but it will drop year over year. numbers like that will be encouraging for the us federal reserve as it debates whether or not to make a change to interest rates. the us central bank started increasing the rate of borrowing aggressively last year. authorities have hiked rates ten times since marking the fastest tightening cycle since the 19805. expectations are high that this time it may pause. i spoke with a market strategist earlier who gave us her outlook for the us federal reserve. , . ., ., , ., her outlook for the us federal reserve. , ., ., reserve.