the house has now spoken and i think pretty loudly and clearly with everything republican voting in favour of moving into this official inquiry phase to do oversight. when a majority of the house goes on record in support of an official impeachment inquiry with the power that resides solely in the house of representatives, i think that sends a message. message. helena humphrey on captiol hill. good to see you, tell us more about the reactions to the vote today. about the reactions to the vote toda . ., , ., , today. the vote result was alon: today. the vote result was along party today. the vote result was along party lines today. the vote result was along party lines stop - today. the vote result was along party lines stop so l today. the vote result was l along party lines stop so too was the reaction as well, as you might expect. the white house rather swiftly putting out a statement that this was baseless and nothing more than a political stunt. president biden accusi
mid-2022 from its peak of 1.9% in mid 2022 tojust 3.1% from its peak of 1.9% in mid 2022 to just 3.1% in november. that is above the beds target of 2% and jerome bed s target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, wall street, all three markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors are satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? what happened in the us overnight? i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. j decision means the rest of the world. ~ , , ., , world. i think this is a very aood world. i think this is a very good question world. i think this is a very good question on - world. i think this is a ver
and benefited from, the business dealings of his son, hunter biden. in a statement, president biden called the vote a baseless political stunt and said the republicans were focused on attacking him with lies. our correspondent helena humphrey is following the story from capitol hill. great to see you, helena. what are the details? the great to see you, helena. what are the details? are the details? the day unfolded are the details? the day unfolded in are the details? the day unfolded in the - are the details? the day unfolded in the way - are the details? the day unfolded in the way that are the details? the day - unfolded in the way that the republican party largely would have been hoping it to unfold. we saw that result and that vote falling along party lines - 221-20 212. that vote falling along party lines 221 20 212. that means that the impeachment has now been formalised 221 212. this gives the republican party more short legal footing when it comes t
to ease rising prices. data you may recall this week showed a drop from its peak of 1.9% in mid 2022 tojust 3.1% in november. that is above the beds target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, wall street, all three major markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? investment firm t row what happened in the us overnight? i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. i think this is a very good question on what we have seen during this business cycle is that the fed and the us rates tend to lead other markets so that is one way we can take signal from what s happeni