leave interest rates unchanged in june. leave interest rates unchanged injune. charles lieberman, who has worked at the new york fed and is now chief investment officer and advises capitol management explained the rationale. rationale. the fed has tightened rationale. the fed has tightened monetary i rationale. the fed has - tightened monetary policy quite dramatically quite quickly, basically a phase with five percentage point increase in a little more than a year. and thatis little more than a year. and that is huge. historically it is an enormous increase. and i think there is a loss of there is one view that the feds should wait to see the impact of what they ve done. any should wait to see the impact of what they ve done. any break ma be of what they ve done. any break may be short of what they ve done. any break may be short lived. of what they ve done. any break may be short lived. us - may be short lived. us inflation are still running well above the feds
rich: to the migrant crisis. new record breaking numbers at our southern borders and cities further north are taking action. merry chris marks i m rich edson. claudia: i m claudia cowen. he may be in charge of a sanctuary city but chicago mayor brandon johnson is threatening to file lawsuits over the border crisis as his city struggles to house migrants flying in from texas. we have a governor a governor, elected official in the state of texas, that is placing families on buses without shoes, cold, wet, tired, hungry, afraid, traumatized. the governor of texas needs to take a look in the mirror of the c chaos he is causing this country. claudia: they ve said the blue city is at fault. how dare this mayor and city council have the guts to give migrants $51 million. they should not be housed in im marginalized black and brown communities where we have food shortages and homelessness. we have not gotten anything for our community. and we are sick and tired of being
we begin in the united states where president biden hasjust wrapped up his state of the union address seen as his big pitch for a second term in office. the strength of the economy and its resilience in bouncing back from the global pandemic was front and centre in his speech. but the president said there is much to do and promised to tax the wealthy more and squeeze profits from industrys such as big pharma and oil. we are the only country who has emerged from every crisis we enter into stronger than we got into it stop and that is what we are doing again.- into it stop and that is what we are doing again. years ago the economy we are doing again. years ago the economy was we are doing again. years ago the economy was reeling, - we are doing again. years ago the economy was reeling, i i the economy was reeling, i stand here tonight after we created 12 million newjobs, morejobs created 12 million newjobs, more jobs created created 12 million newjobs, morejobs created in c