Year. Were going to keep working to take down corporate greed to bring those prices down further. To recap those inflation Numbers Consumer prices cooled injune, putting the 12 Month Inflation Rate at 3 percent, which is the lowest level in over 3 years. Economics professor Prachi Gupta explained what all this means for the us Federal Reserve whether they would cut Interest Rates sooner rather than later. The recent numbers are suggesting that there is a positive trend, and the inflation in us has been falling. However, the fed has been closely watching the numbers because it is still well above the target of 2 rate. And the fed has to be very sure that these trends and the downward trend in inflation is just not temporary and rather more permanent. So we need to understand that it is looking at the Supply Side constraints like you know, what are the forecasts for Commodity And Food prices . And secondly what does the Labour Market Condition in us . Because essentially, the high inflat
Talk about timing, because back home in washington His Domestic Agenda is teetering. Lets start with cnns White House correspondent, shes in england. Aur let, what can you tell us about the president s key meetings coming up . Well, ana, President Biden is heading here to europe with the message that america is committed to its allies, and hes also putting his adversaries on notice culminating with the high stakes meeting with russian president Vladimir Putin a week from today. The president is on his way to the United Kingdom where he will first speak to service members here before traveling to the Cornwall Area with a series of meetings with allies, and first meeting with uk prime Minister Boris Johnson and then the G7 Summit Meeting in the next few days. The President Meeting with those allies to try and present a United Front as they are trying to counter some of the actions taken by countries like china and russia. The president , in his sitdown with russian president , Vladimir P
precedent. we have to do everything we can. senator, always good to talk to you. thank you for joining us. she is on the science and transportation and is the co-sponsor of this new legislation before the senate. a vote will be held on wednesday. do not go anywhere. straight ahead, pressley an i discuss that this is having control over women. another hour of velshi begins right now. good morning. it is saturday the may the 7th. it is 9 am in the east. it has been five days since we got the post row reality that the supreme court is poised to usher in with the sam alito draft opinion erasing abortion rights in america. we still do not fully understand the far-reaching consequences that this decision could have. the implications of rolling back women s rights in this particular way. using this decision and the reasoning laid out by justice alito will have a ripple effect that is beginning to come into full view. this is as legal experts digest the opinion and anti-and p
operation and the targets, the goals of the operation is conducted by our military and living on the faultline of war. a special report from a village on ukraine s border with russia and belarus. and the other headlines this lunchtime: seven women make allegations of sexual misconduct against the former bbc radio 1 dj tim westwood. he strenuously denies the claims. i knew what was going to happen at this point, so i m just like, oh god, like. i rememberjust being like hunched up and holding on to the back of the chair, like scared. are you doing 0k? no, i m not, actuall . new footage is released showing the moments after the accidental fatal shooting of the cinematographer haleena hutchens, by alec baldwin on a film set last year. and, remembering harry billinge the funeral is held in cornwall for the d day veteran, who raised tens of thousands of pounds for a normandy memorial. and coming up on the bbc news channel. we ll be looking ahead to the first leg of manchester
city subway. witnesses say the man was threatening fellow passengers. donors raised $2 million to defend daniel penny charged with manslaughter putting neely in a fatal choke hold. i m dana perino. bill: laura stack was a very impressive woman. our best to her and her cause. i m bill hemmer. good morning. 41,000 people from all walks of life contributing to daniel penny s legal defense fund donors praising him as a hero and denouncing alvin] for bringing the charges against the decorated marine who stepped in to protect others. penny s lawyer thanking the public for their generosity and defending penny s action. he didn t go to the subway seeking to harm anyway or attack anyone. he was putting himself in harm s way for the benefit of others. dana: laura engel is live in the newsroom today. hi, laura. supporters of daniel penny showed up over the weekend helping to raise $2 million for his defense fund. it happened in the last few minutes. as the 24-year-old continues