Fed funds rate the chairman talking about the action and admitting that the cut may not be a cure yall, so to speak we do recognize the rate cut will not reduce the rate of infection or fix a broken supply chain. We do believe our actions will boost our economy. Avoiding a tightening of the conditions that will help boost household and business confidence. Then stocks whip sawed with stocks ending down yesterday, the yield dropping below 1 for the First Time Ever take a look where we stand now at. 94 as we speak quite a bit lower quite a day. You want to get ahead of these things but can you we were up 1,300. I know. Im not listening actually i do want to know your predictions. He would shave to do it at some point i think there is no winner here exactly if they didnt cut, you are skpengting why didnt they cut and the markets go down . What do they know nobody else knows. At this point, it is pure insurance trying to loosen liquidity. You look at people looking at mortgages. I locked i
A paying guest actions and despite all the american policy we have the right to live joy to live peace and this is what we express in our celebrations and through our message of peace not only to us for do not live repeat is but to the whole world as well you mentioned the wall what exactly has happened to bethlehem to christians i understand 86 percent. Of christians of have left and the wall is being blamed for that as well as illegal new occupations around bethlehem when we talk about the christian presence in palestine and in general and the christian presence in bethlehem in particular the political situation since the 1967 enhanced and then forced and encouraged the. Degrees of the christian presence and migration of christians from bethlehem in specific many of the christian bethlehem ites before 967 immigrated seeking Job Opportunities seeking better conditions other parts of the world including latin america the us the moment israel did its consensus all who were not inside lo
a u-haul truck crashed outside the white house. police say it was no accident. plus late night talks at the capitol, are the two sides any closer to a debt limit deal. and sabotage inside russia, kremlin blames ukraine as a group of russian citizens say they did it. good morning, everyone. welcome to our viewers in the united states and around the world. i m christine romans. we begin with what police are treating as an attempted attack on the president. a u-haul panel truck crashed into a security barrier in la fayette square. the vehicle then backed up and slammed into the barrier again. the driver arrested right away. he faces charges including threatening to kill or harm the president, vice president or a family member. police have not yet released the man s name and there is no word on a motive. video shows park police taking inventory of the truck, packing up evidence including a flag with a swastika. time is running short this morning for the white house and re
it is now highly lookly the united states won t be able to pay its bills by early june. also tonight, trump accuser e. jean carroll is seeking further damages from the former president for disparaging comments he made about her during a cnn town hall. and in ukraine after months of brutal fighting, it now appears bakhmut has finally fallen to russia, but ukrainian forces say they still hold a small portion of the totally ruined city. i ll get reaction from the former ukrainian defense minister. welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. let s get straight to our top story right now. the speaker mccarthy and president biden, they are diving into another round of debt limit negotiations as the treasury secretary issues her starkest warning yet, that default is now just a few days away. we re covering the story from every angle over at the white house up on capitol hill. let s begin over at the w
disastrous showing the biggest spike in consumer prices in over 40 years that the fed felt the need to move fast here to take a page out of the playbook of alan greenspan and paul volker with a very big interest rate increase, and they signaled that more aggressive steps are to come because that official said they are, quote, strongly committed to getting inflation back down to 2%. and given that it s nowhere near 2% right now, that does imply more big rate increases to come. as far as why this is happening, i think it s important to think about the economy as almost like a car on a highway, and the fed is the driver. when it needs to speed the car up, it will cut interest rates to stimulate demand. right now we have the opposite situation. it s going dangerously fast, and so the fed needs to slow things down. it s actually slamming the brakes on the economy. the problem here, victor, for the fed is if they don t do enough inflation can go out of control. if they do too much,