the global monetary pivot that was what some commentators were declaring on wednesday, after the us federal reserve said it had probably finished raising interest rates, and signalled it was planning to start cutting them next year. but clearly, neither the european central bank nor the bank of england got the memo. they left their rates on hold and said it was too early to talk about cutting them. in fact, here in the uk, three members of the bank of england monetary policy committee actually voted to raise the interest rate above its current level of 5.25%. the bank is worried that inflation the rate that prices are rising is still not under control. our economics editor faisal islam reports # last christmas, i gave you my heart.# liverpool s christmas market the festive spirit is here, but little sign of a marked upturn in the economy. people here continuing to have to cope with new surges in the cost of living, even as inflation slows. i sold my car last week. car
the mood in washington. with just one week left until treasury officials say they will run out of cash to pay its bills, the mood music from washington was upbeat. but a deal can be done to avoid default. i want to be clear. the negotiations we are having with speaker mccarthy are about the outlines of what the budget will look like, not about defaults. it is about competing visions for america. nothing will be resolved until we resolve them all. we know where our differences lie. we worked well past midnight last night, we are back at it today, trying to get to the conclusion so we can solve this problem. failure to reach an agreement could have global implications. fitch, one of the major credit rating agencies warned of a potential downgrade to the us credit rating if the deal isn t done. the us treasury department seized on this, saying it underscored the need for swift bipartisan action. the biggest sticking point remains spending. if they don t cut enough, they won t wi
jump into the race? what his staffers say about his political future and the white house. ainsley: peter doocy live from the would you say with the latest. peter: republican front-runner donald trump does not use twitter any longer. ron desantis is trying to find primary voters on there. will be interviewing ron desantis and he has quite an announcement to make. and for the first time something like this is happening on social media and with realtime questions and answers, not scripted. peter: nothing about the desantis record in florida in the initial campaign ad offering, instead, just this. i do have the courage? is it worth the sam fies? sacrifice? america is worth it every single time. peter: officials won t talk elections, but they are happy to speak broadly about florida, particularly now that the naacp issued a travel advisory for the state. lawmakers, republicans in florida have attacked diversity, attacked inclusion efforts, limited the teaching of b
news. we have a lot to cover in our second hour of chris jansing reports. let s get right to it. at this hour, a $3 billion accounting error by the pentagon could mean more military equipment for ukraine. how exactly that happened, next. there are mounting concerns in washington about the health of california senator dianne feinstein as we learn about new details about her rocky road to recovery following multiple health challenges. how her colleagues on both sides of the aisle are responding now. plus, 2024 presidential candidate nikki haley drawing a hard line in the sand with her former boss donald trump over january 6th, pushing back on the former president s claim that it was, quote, a beautiful day, saying that rioters who broke the law should pay the price. and do your jobs, a new poll from the ap could be a wake-up call for congress and the president, with 66% of americans saying they are extremely or very concerned about what happens if leaders in washing