chairjerome powell suggested as much. as we approach the end of the year, it s natural to look back on the progress that has been made toward our dual mandate objectives. inflation has eased from its highs, and this has come without a significant increase in unemployment. these are things we want to see. why might the rate hiking cycle has included 11 increases. government data showed inflation dropped from 9.1% in mid-2022 to 3.1% in november. that is above the target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. for wall street the dowjones international average jumped to record close. this is the third time in a row of the central bank decided against another rate hike. for investors satisfied with what the fed has done is when it will start cutting rates? there is a lot to digests in america big questions about whether a cut is likely. we will talk about that than i want to come onto the uk and europe. what is your as
you in this second hour of chris jansing reports. at this hour, more on the breaking news just in the last hour, an unexpected move from special counsel jack smith. he wants the supreme court to immediately take up whether donald trump is immune from criminal prosecution. what it means for a criminal trial starting before the election. plus, israel s prime minister says it s the beginning of the end of hamas. the escalating push into southern gaza as aid groups warn of apocalyptic scenes on the ground. six killed, dozens injured as more scenes of destruction emerge. and alex jones, the conspiracy theorist who claimed sandy hook was a hoax and made money off of it returns to x and gets a warm welcome from elon musk. our nbc news reporters are following all of the latest developments. we begin with that breaking news on that fascinating legal move by special counsel jack smith. msnbc legal analyst lisa rubin is with me. i know you ve had time now to start going through
jack smith s federal election case? and more good news on the economy what it means for the president and his 2024 strategy. then, the clock is ticking for congress to pass aid for ukraine and israel. what s the holdup in the senate, as some in the house secretly blow expelling another congressman. as the 11th hour gets underway on this friday night. greetings, everyone. i am symone sanders-townsend in for stephanie ruhle. tonight, a major ruling in donald trump s federal election interference case means the protective order is back on. a three judge appeals court panel mostly upheld the original order from the trial judge but they narrowed it down. it bans trump from attacking potential witnesses, court staff, and most prosecutors on the case. however, trump is allowed to criticize the charges. the justice department, and special counsel jack smith himself. the judges explain the decision writing, quote, trump s public statements posed a significant and imminen
ruling on a protective order for donald trump, how it could impact the former president and jackson its federal election case? and more good news on the economy what it means for the president and his 2024 strategy. then, the clock is ticking for congress to pass aid for ukraine and israel. what s the holdup in the senate, as some in the house secretly blow expelling another congressman. as the 11th hour gets underway on this friday night. readings, everyone. i am symone sanders-townsend in for stephanie ruhle. tonight, a major ruling in donald trump s federal election interference case means the protective order is back on. a three judge appeals court panel mostly upheld the original order from the trial judge but they narrowed it down. it bans trump from attacking potential witnesses, court staff, and most prosecutors on the case. however, trump is allowed to criticize the charges. the justice department, and special counsel jack smith himself. the judges expl
fredricka. the israeli military says it is expanding ground operations across the whole gaza strip. this, as the israel defense forces ordered people today living in southern gaza to evacuate to areas even farther south. the idf now says it s destroyed at least 500 hamas tunnel shafts since entering the enclave. fighting also heating up on israel s border today with lebanon. iran-backed hezbollah says it targeted several sites in northern israel. the idf says several soldiers were injured by an anti-tank missile. prime minister benjamin netanyahu saying israel s forces will not stop in gaza until hamas is eradicated. hamas saying, though, there will be no negotiations for the remaining hostages still being held in gaza, including women and children, until israel agrees to a cease-fire. cnn has teams around the region monitoring all these latest developments for you. we want to start with cnn s matthew chance in tel aviv. what more are you learning about the israeli military s