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welcome news when it comes to your wallet. a key inflation report shows that price increases went to zero last month. the markets are like what will the fed in the next hour we re said to get an interest rate decision from chair jerome powell and president biden back on the world stage. he s headed to it believe for a highly anticipated summit with a lot at stake. but casting a shadow over the trip. yesterday s conviction of his son, hunter, on felony gun charges happening now, house republicans moving forward in their planned to hold attorney general merrick garland in contempt of congress for violating subpoena requests. now, an uneasy feeling filling his growing among gop lawmakers. do they have the votes were following these major developing stories and many more all coming in right here to cnn news central we start this hour watching stocks rally after a new report shows inflation cooling down in may, the gains have been a bit in afternoon trading, but the dow roared o

Hanako montgomeryInflation reportPrice increasesJoe bidenInterest rate decisionChair jerome powellThe world stageMerrick garlandHouse republicansContempt of congressFelony gun chargesAll of usSubpoena requestsCnn news centralS p nasdaq ofAfternoon trading