Its high Interest Rates. North America Business correspondent Erin Delmorejoins Me now. Good to see you. Put a bit of contact around the numbers for us. Sure, so this is not the Inflation Report a lot of people were looking for because remember, we saw hotter than expected Inflation Injanuary and february today we see that data again in march. And not only is it higher than expected, but we are seeing this trend upwards. And thats not what the fed wants to see when they talk about Cutting Confederates Interest Rates this year. The expectation when wrapping up year. The expectation when wrapping up 2023 was we could see as many as three Interest Rates cuts this year, as soon asjune. But when you see inflation is sticky and persistent as we see in the data, that becomes harder to envision, and indeed when this came out at 8 30am est today, you saw the expectations for that june Interest Rates cut drop. find june Interest Rates cut drop. And how does that june Interest Rates cut drop. An
those counts stem from a salacious hush money payment to an adult film star and the cover-up coordinated between trump, his former attorney michael cohen and head of the national inquirer, david pecker. this case was about a conspiracy to interfere in the 2016 election. we knew nothing about that until after the election was over thanks to some enterprising reporting from the wall street journal but prosecutors were reluctant to bring charges for some time. for years, this case against trump had effectively laid dormant. after six years of waiting and six years of trial and two years of deliberation, the jury of 12 ordinary americans found donald trump guilty on all 34 counts this afternoon. trump s fate is now in the hands of the judge, one mershon, who is scheduled a sentencing hearing for july 11th which is just four days before the republican national convention and while most experts agree prison time is unlikely, it s possible. trump is expected to hold a press conferen