Raising 75 basis points as expected, the Fourth Meeting in a row theyre doing that it is interesting though the statement added this line, saying that the fed anticipates ongoing rate increasing will be appropriate to get inflation back to the 2 foal. Then the statement says this, in determining the pace of future increases in the target range the committee will take into account cumulative tightening Monetary Policy, the lags which Monetary Policy affects the Economic Activity and inflation in economic and financial developments. The Federal Reserve statement says they will see modest growth. They have seen that spending, production, job gains, has been robust. Inflation is elevated saying it is elevated because of supply and demand imbalances mainly due to the pandemic with higher food and energy prices. The statement says the war in ukraine is putting that upward pressure on inflation and the fed indicates that they want to continue the rate of Balance Sheet runoff on the predetermi
Because of all of the controversy over the sheer pants. In their defense, it has been a massively growing company. Hi, short interest. Questions about inventory. The scandals about the comments from the ceo. Of they a classic case could have handled it much better once they made the misstep. Instead, they stumbled, they took too long to repair the situation. As you say, the founders founders comments were not listen to hear for some women. Fish stinks from the head. Problemnot beinthe lulu anymore. Were going to go inside ups these next two hours. Carol massar has been working on this special for quite a while. Is probably the biggest day of the year for the Worlds Largest packaging company. Carol massar is in the thick of things. Hubis at their massive called world port. Hows it going down there . It is a little quiet. Most of what happens here happens overnight. We had a little bit of snow this morning. The planes got out this morning. The line behind me is a little quiet, things wil
Take a look at this. Teenagers trapped on the ice. Clinging to life on the tree. The rescue you need to stick around to watch. Among guests this morning. Former ohio congressman steve la tourette, newly sworn in congresswoman Tulsi Gabbard. Mike dewine, tim ferriss and steve rinella. I have one word for you. Squirrel. Its true. We have squirrel. Friday, january 4th. Starting point begins right now. Our starting point this morning. In just hours, the brand spanking new 113th congress will vote on a nearly 10 billion aid package for Superstorm Sandy victims. This after the outrage over Speaker Boehner canceling the initial vote early this week. Athena jones live in our washington bureau. Expected to be an easy one today, dana . It looks like it will be passed. About 9. 7 billion in Borrowing Authority for the National Flood insurance program. That program will run out of money as soon as next week. Thats right around the corner, and the house is expected to come in this morning. Past tha
I see the senator here. [applause] i want to thank our sponsors to night the Constitution Center they have put a premium our friend has foot on their premium to bring in all speakers and one of the things he said to me as head of the Constitution Center i want conservatives to know they have a home at the Constitution Center and he has work charged to make that happen also our sponsor of the show and introduced me personally last year to senator demint and listening to talk radio 1210. The first pocket constitution was from heritage this is founded 1973 research and educational institution, a think tank Whose Mission is to promote conservative policy based on the principles of Free Enterprise and limited government and individual freedom traditional American Values and a Strong National defense. In other words, the Heritage Foundation does in washington d. C. What i believe one block away our founders intended all of washington. That is why we are there. [applause] you have a great voi
About where you are going . Do you have the opportunities to get ahead . We are asking the yes and asking a yes and no question. The number is you can also send us an email, send us a tweet, or join us on facebook. Com. This is what the question looks like on our twitter page. Do you think there is an opportunity to get ahead in america i . , ifd on the new gallup poll you want to check it out it is online at gallup. Com. Opportunitynty of to get ahead here in america. The survey was released over the last couple of days. While the u. S. Has historically prided itself on an open ended mobility, celebrating rags to riches stories, rising income inequality and a normally and abnormally high Unemployment Rate can call the question just how accurate this cherished belief is. Politicians have focused on reducing social inequality as a key part of their policy initiatives. Fewer believing there is opportunity to get ahead. To get ahead. 7 00 eastern time as we moved back one hour as wheat an