during his press conference. with us inflation running still well above the bank s 2% target, it sjob is not yet done. i think, as anyone can see, not a single person on the committee wrote down a rate cut this year, nor do i think it is at all likely to be appropriate if you think about it. inflation has not really moved down. it has not so far reacted much to our existing rate hikes, and so we re going to have to keep at it. most officials think two more rate hikes are needed this year, starting perhaps as early as next month. wednesday s decision ushers in a new phase in the fed s battle to lower prices follows a path carved out by central banks in countries such as australia and canada, which recently announced rate hikes following a break. michelle fleury there in washington, dc. the latest decision by america s central bank comes at a time when inflation is slowing but not as quickly as the federal reserve wants it to be. earlier, i spoke to blerina uruci of t.rowe pric
friends. it is wednesday, december 27th, i m willie geist. joe and mika have the morning off. a lot to get to including israeli forces shifting military efforts to southern and central gaza with officials warning the war could take many more months. and hours from now, antony blinken and alejandro mayor kas are set to meet with mexican president obrador. plus donald trump continues to claim he should be immune from any prosecution surrounding his efforts to overturn the 2020 election. we ll have the latest there. also ahead, bus drivers across the country increasingly under attack on the job. we ll dig into an alarming trend and what officials are doing about it. with us this morning, jonathan lemire, susan paige, and retired four star navy admiral james stavridis. good morning to you all. let s begin together with israel expanding the ground invasion in gaza. this as the united states continues to urge israel to protect civilian lives and shift to a more low intensity oper
democrats, senate republicans a time to work through the weekend in an effort to reach a framework agreement. our republican colleagues who have said action on the border is so urgent should have no problem with continuing to work next week. senate majority leader chuck schumer calling republicans bluff on border security. he s delaying the upper chamber s recess in hopes of hammering out a deal on foreign aid, which includes critical funding on ukraine. meanwhile, the biden administration put more pressure on the israeli prime minister to scale back the country s ground war in gaza. we ll have the latest developments from the middle east. also ahead how the biden campaign is trying to capitalize on the impeachment inquiry into the president. hey, everybody. good morning to you. and welcome to way too early on this friday, december 15th. i m yasmin vossoughian, in for jonathan lemire. there are signs this morning on a potential deal on immigration reform, which could pa
too. recently i noticed somewhat of a change, and i expressed it here on fox. i warned that vigilante justice was coming. this isn t anything new from what we ve been experiencing for almost like two years in the country where the crimes have become more brazen. it is very clear that the criminals aren t afraid of law enforcement. as this continues in the country we re going to have vigilante justice and we can t have that in a civilized society. someone has to fill that void and we don t want that to happen but the leaders aren t doing anything about it, the mayors aren t stepping up to the plate, the das aren t stepping up to the plate, the judges aren t stepping up to the plate. on so who s going to do it and that s where vigilante justice comes into play. 80s that to brag or be right. i genuinely wanted to be wrong about this issue. but this is just basic science. when government creates this kind of void, someone or some idea will fill it. the most recent example is th
and your store was also the first time you realized. well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com our nation s leaders gearing up for critical talks at the white house. it is a small group but there are big consequences for the american people with the u.s. just days away from defaulting on its loans. if that happens we re staring down an economic disaster. 10,000 migrant encounters at the southern u.s. border on monday alone. the number is expected to grow this week as title 42 is expiring in just two days. we re going to be live once again on the border. a major change for women when it comes to breast cancer screenings. new draft recommendations say that women should start getting mammograms a decade earlier than expected. we re following these major developing stories and many more coming in right here to cnn news central. here in