prompting concerns now that the fed could keep raising those interest rates well into this year. welcome to fox news live, i m aishah hasnie, hi, griff. griff: i m griff jenkins. and it s great to be with you. and the biden administration is facing scrutiny over the massive amount of spending over ukraine. lucas tomlinson is on the snowy white lawn of the white house kicking things off for us. high inflation is reducing savings nationwide and producing more credit card debt coupled with higher interest rates. many americans are feeling the squeeze and we don t have to tell the viewers, we feel it every day. let s look at the new inflation index that just came out. this is the personal consumption price index, the feds preferred gauge of inflation. and it rose and beating analyst expectations roughly 4% increase and annual rate 5.4%, as you mentioned the first inflation in inflation data since it peaked in june making some wondering if fed is behind in inflation fight. and p
also knighted, the artist grayson perry. hello and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are geri scott, political reporter at the times, and broadcasterjohn stapleton. we will say hello to both in just a moment. first, though, let s take a look at those front pages. the telegraph focuses on the return of covid tests for travellers to the uk from china, amid worries over the spread of the virus. the mail calls the new controls drastic but says they ve been brought in because of concern beijing is withholding data. the times leads with a warning that middle aged people are dying from heart conditions because they didn t get common medication during the pandemic. the express has obtained figures showing more than 700 prisoners have either escaped or been released in error over the last decade. as the year ends, the ft points out how far many stock markets around the world have fallen this year. the mirror looks at the new year hono
upper district to the east district. like the french quarter? upper district and north district and the south district. thank you, 391,000 people live there and are happy to have a mayor who insists on flying first class. and living for free. go being to the netherlands. addressing the needs of the people. some tickets were outrageous. steve: 17,000 to france. brian: it is not safe for a woman to be in coach. steve: you might not get the job as spokesperson for the new orleans chamber of commerce. brian: not yet, runner-up again. ainsley: if this job doesn t work out for you, you should visit. brian: 74 degrees, wear a sleeveless shirt. steve: many are on bourbon street right now. ainsley: if they are wearing shirts at all brian: no one is inside, they are all in the street. steve: on bourbon street, driving to jackson square, there is one nice spot, no idea whether it is still open, there is always a person on a swing and they swing in and o
uk industry bosses warn of mass pub and brewery closures across the country within months due to rising energy costs. uk s labour opposition criticises chancellor nadhim zahawi s trip to the united states. he says he s seeking solutions for the cost of living crisis, labour call it a junket. and in an interview with a us magazine about her relationship with the british royal family, the duchess of sussex, meghan markle, has discussed the importance of forgiveness. hello and welcome if you re watching in the uk or around the world. the united nations is leading a global appeal to help pakistan cope with the devastating floods which have left a third of the country under water and killed more than 1,100 people. provinces like sindh and balochistan in the south are the worst affected but mountainous regions in the north west have also been badly hit. the crisis is not over yet as heavy rain continues and water surges down the indus river. the un secretary general, antonio
with columnists from the guardian, stephanie baker of bloomberg news and work of the sydney morning herald. so, cuts to income tax, corporation tax, national insurance and stamp duty and removing the cap on bankers bonuses. it will cost tens of billions and the government says it will boost growth, the labour party say it will reward the rich. stephanie, let s start with you. is this gamble for growth that s going to pay off? it s certainly a gamble, but i have doubts about whether it will pay off. kwasi kwarteng says he want to booth grouped by two and a half percent. but that s delivering a bit of a sugar rush, and i m not sure that will be sustained over the long term. some people have compared this to hitting the accelerator and slamming on the brakes at the same time because what you have is on the one hand, the bank of england trying to control inflation. trying to cool demand by hiking interest rates while the treasury s pumping money into the economy. so i think tha