The latest on the ground in paris. Dow hanging to some gains. Largely on the back end of an upgrade. We are waiting for developments in french and paris. French prosecutors expected to have a News Conference at 1 00 p. M. Oorn time to give us some developments, some details on those raids overnight in paris. Michelle caruso cabrera, our chief international correspondent, has been on the scene all morning long and brings us the latest. Good morning once again, michelle. Hello, carl. That raid occurred on this street, the block that you see behind me. An Apartment Building down 300 yards from here where we are. It was a dramatic night for the residents in this neighborhood beginning about 4 30 in the morning they heard gunfire, explosions. It went on for several hours. When all was said and done, seven people were arrested. Two were dead, including a woman who had detonated a suicide vest upon special forces entering the apartment. She killed another man who was in the apartment as well.
We begin with breaking news. The first Public Comments from the newest member of the federal reserve. The dallas president Robert Kaplan revealing for the very first time some clues on where he stands on Interest Rates. Steve liesman following it all from d. C. Steve, what do you have . Scott, thanks very much. We are getting the first comments from the former harvard professor and Goldman Sachs banker turned dallas fed president , and the question we have going in is how much like the hawkish Richard Fisher is he who just left the dallas fetd presidency, and he is showing himself not to be too much like him. He says the fomc was prudent not to hike in the last two meetings. We went back and looked, and Richard Fisher several times last year had called for rate hikes, including when he had left office on the eve of the september meeting calling for rate hikes hen. Kaplan saying it was prudent for the fed not to hike. He goes on to say appropriate Monetary Policy will remain accommodati
President obama with putin of russia, trying to figure out how to make his strategy work. Resisting calls from those who say he needs to fundamentally change it. I stead, what the president said was, we have the right strategy, we have to stay at it. Heres the president. So there will be an intensification of the strategy that we put forward. But the strategy that we are putting forward is the strategy that ultimately is going to work. But as said from the start, its going to take time. And whats been interesting, in the aftermath of paris, as i listen to those who suggest Something Else needs to be done, stepically, the things they suggest need to be done are things we already are doing. What the president said was that more u. S. Boots on the ground in large numbers is not the answer. And he said that ultimately when you look at the ability of isis to strike in paris as they have and other locations recently, he said, as long as you have a few individuals who are willing to die, they
National who fought for the Islamic State in syria, french president Francoise Hollande says the French Military launched dozens of airstrikes on Islamic State targets in raqqa, iraq. His Decisive Action in contrast to that of president obama who declared in a News Conference that he would not fundamentally changes strategy while denigrating those that would seek him as he put it, an immediate resolution. The strategy that has the best chance of working, even though it does not offer her the satisfaction, i guess, of a headline or an immediate resolution. The president s refusal to act drawing heated this is a from republicans are looking to replace the president next year. President obama also facing a revolt by at least 20 governors who announced the United States should halt acceptance of Syrian Refugees and we will be talking with one of the governors refusing to allow Syrian Refugees to be settled in his state. Governor phil bryant of mississippi. We will also take of thegovern Ad
Saying he had no idea that both his brothers one died on during the attacks were terrorists. They were normal brothers, he said. This gritty neighborhood, molenbeek, a breeding ground of terrorism. While we were on the streets here, we sboek to one spoke to one man, he didnt want his face shown, who told us many of the young here are radicalized. Three of your neighbors went to syria . Yeah. Reporter today, a French Police union is even saying that isis has taken over here. And that the belgian government has lost control of this neighborhood. Brussells. France is using military isis. Gaulle set coast for the coast of syria. The French Air Force conducting a second night of air strikes on rock cag syria. They have taken out recruiting warehouse. Members of the house of representatives will receive a classified on briefing on the last night, speaker of the house paul ryan led the chamb in a moment of silence to honor the victims. Todays closed door meeting will have members only briefin