S is it is saturday. I hope you are just waking up and starting your morning off calmly and slowly. The death toll in hawaii rises to at least 80 people after a devastating wildfire. And as a grim reality sets in for survivors, some are question ing the states response before and how much was done to warn residents to get out. Plus Hunter Bidens legal troubles heat up. The Justice Department elevates the u. S. Attorney investigating his case to Special Counsel after plea talks fall apart. Republican president ial candidates descend on iowa. Today all eyes will be on the ah state fair as donald trump and ron desantis go head to head. Well have the latest as the candidates make their pitch to voters ahead of the crucial and critical Iowa Caucuses and the first president ial debate. And get ready for an Out Of This World show in the sky as a Meteor Shower is about to rain down. Well tell you when to look up. Good morning, everyone. Good to see you. Good to be here. Were going to begin wit
Right now, new terrifying images from hawaii. Entire neighbors on fire, people fleeing to safety in a State Reckoning with a terrible tragedy. Were going to speak with a maui counsel member and the Lieutenant Governor as President Biden promises help from the federal government for this disaster. Also ahead, new details about the deadly encounter in utah. Fbi Agents Shooting and killing a man they were trying to arrest after his alarming and threatening post about President Joe Biden and other public figures. A sign of hope for Five Americans wrongfully detained in iran. A deal could bring them home soon. Were following these major developing stories and more coming in right here to Cnn News Central. Right now it is all Hands On Deck as firefighters are battling flames that are still sweeping across maui and as Rescue Workers intensify their search for survivors. Right now at least 36 people are confirmed dead in Hawaii On Maui and there are Major Concerns that that death toll is going
getting these comments by the federal chair. federal chair. based on the meetin: federal chair. based on the meeting today, federal chair. based on the meeting today, i federal chair. based on the meeting today, i would - federal chair. based on thei meeting today, i would tell federal chair. based on the - meeting today, i would tell you that i don t think it s likely that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen stop at mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david ross let believes that this is the right ca
given these comments by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen. mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david ross believes that this is the right call telling me thatjerome powell has no reason to show his hand at this point. the rate decision comes after fresh data showing us economic growth slowed down in the last quarter, but performed much better than forecasters expected. let s turn our focus now to social media because the bosses of compa
here s where the bank s base rate stands at the moment at 5.25% it is the highest in 15 years. the bank has raised the cost of borrowing fourteen times to try and tame soaring prices but inflation has eased sharply in recent months and the expectation now is that rates may soon start to come down. however, for those in the uk hoping for cheaper mortgages and loans there was something of a bad omen in the us, where the chair of the federal reserve seemed to dash expectations of a rate cut next month. as michelle fleury reports. the fourth meeting in a row, the federal reserve did not raise interest rates. this is the longest pause since policymakers began their aggressive rate campaign to tame inflation back in march of 2022. but for rate weary americans, well, they will likely have to wait a few more months to see any relief, given these comments by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a