Janet yellen and 3 00, mario draghi will be addressing the group out it jackson hole. As we look forward to those meetings today, the question for the fed is where inflation has gone if it should affect their decision on raising rates. Weve heard different opinions. When i think about inflation, i think about our mandate, which is price stability. The economy is adding. I think we are in a pretty good place. We have Monetary Policy. That tells me we should gradually remove accommodations. As the outlook supports that we are moving in the right. Irection, i think we are isto high inflation dangerous, but too low is dangerous. By mike mckee. Matt. G us is iwe have these two different versions. Is this one of the dominant topics out there . Whetherople are talking the fed owls are broken. There is not a lot of the daylight. She has long been a hawk and wanted to raise Interest Rates. In her interview with me yesterday, she talked about the fact she doesnt understand why inflation hasnt be
Today. Right now the storm is over pennsylvania. Torrential rain and in some places, blizzard conditions. Here is the big picture as best we know it. 67 in the caribbean. Close to 8 million customers in 15 states and the District Of Columbia have no electricity. Spent last night in red cross operated shelters. This may be the worst storm ever to hit new york city. One of the Biggest Challenges is where the massive subway system is shut down, tunnels and stations are filled with high water. No idea when the trains will be running again. This is a difficult situation. Take a look at laguardia airport. The runways are submerged and levels were so high they reached the jet lanes where people usually walk on to the planes. An entire neighborhood is destroyed by fire. At least 80 homes burned to the ground in the new york burro of queens. This is an awful image. People are going through hell right now. Tell us about it. You know, they really are. About 80 homes, the fire official telling us
Plans to remember that event today. On this anniversary, a debate about gun violence and what to do about it. Were interested in hearing from you. How to best reduce acts of gun violence. If you are a gun owner. If you do not own a gun, 2027488001. If you want to put your thoughts on how the best way to reduce gun violence can occur, you can put those thoughts on facebook and twitter. Patch talks about the remembrances that will take place in sandy hook today. It has been for years since the gunman took the lives of those 20 innocent children. Four years. Today, the town will hold a somber, silent reminder for 15 minutes, the time the shootings took place. The superintendent said that the will bees of silence for Department Staff and the schools themselves. Abc news looks at the efforts made by the Obama Administration since that shooting at sandy hook. Mr. Obama has made little federal progress towards what he repeatedly described as common law. The outgoing president has knowledge on
[crying] ahhhhhhhhhh the price you see is the price you pay, unlike cable. Live from the cbs bay area studios this is kpix5 news. Good evening, im elizabeth cook. Tonight terror in london, four people killed, Dozens Injured after a driver with a knife goes on a deadly rampage. Good evening. Im elizabeth cook. Im ken bastida. It is just after 6 a. M. In london right now. Heres a live look at the scene of the attack near parliament. So far no one is claiming responsibility. Police say a man plowed his suv into a crowd of people on the westminster bridge. He then drove right into the fence encircling parliament and thats where he got out and charged at Police Officers with a knife. Tonight we are getting our first kpix5s veronica de la cruz with some new video of the moment of that attack. Ken, tonight were getting our first look at the attacker driving through crowds on the westminster bridge. Take a look. You can see a dark suv charging through people on the bridge. A woman can even be
[crying] ahhhhhhhhhh the price you see is the price you pay, unlike cable. Live from the cbs bay area studios this is kpix5 news. Good evening, im elizabeth cook. Tonight terror in london, four people killed, Dozens Injured after a driver with a knife goes on a deadly rampage. Good evening. Im elizabeth cook. Im ken bastida. It is just after 6 a. M. In london right now. Heres a live look at the scene of the attack near parliament. So far no one is claiming responsibility. Police say a man plowed his suv into a crowd of people on the westminster bridge. He then drove right into the fence encircling parliament and thats where he got out and charged at Police Officers with a knife. Tonight we are getting our first kpix5s veronica de la cruz with some new video of the moment of that attack. Ken, tonight were getting our first look at the attacker driving through crowds on the westminster bridge. Take a look. You can see a dark suv charging through people on the bridge. A woman can even be