pace since june. and that could have major economic and political fallout. lucas tomlinson is live at the white house with more on this. lucas. reporter: jon, jp mayor began ceo jamie dimon thinks the fed has lost some control over inflation. a chemming contact congressman representing joe biden s home hometown in scranton responded earlier on fox. i wouldn t go that far, but what i will say is i think they got a late start. i think they should have started ticking interest rates up a little bit much earlier, maybe six months earlier than they did. reporter: new economic data shows inflation is getting worse. the personal if consumption execs pendtures price index, the fed s preferred gauge for inflation, rose .6% in january. the annual inflation rate also rose to 5.4%, the first increase since it peaked in june making some wonder if the fed is behind on inflation. president biden reacting to the economic news in a statement which read in part: annual inflation in janua
prompting concerns now that the fed could keep raising those interest rates well into this year. welcome to fox news live, i m aishah hasnie, hi, griff. griff: i m griff jenkins. and it s great to be with you. and the biden administration is facing scrutiny over the massive amount of spending over ukraine. lucas tomlinson is on the snowy white lawn of the white house kicking things off for us. high inflation is reducing savings nationwide and producing more credit card debt coupled with higher interest rates. many americans are feeling the squeeze and we don t have to tell the viewers, we feel it every day. let s look at the new inflation index that just came out. this is the personal consumption price index, the feds preferred gauge of inflation. and it rose and beating analyst expectations roughly 4% increase and annual rate 5.4%, as you mentioned the first inflation in inflation data since it peaked in june making some wondering if fed is behind in inflation fight. and p
fox news live, i am eric shawn. president biden said he has no plans to visit east palestine for now. he does say the administration is on top of the situation. transportation pete buttigieg visited the site for the first time thursday after weeks of scrutiny. ohio governor mike dewine says officials from fema say it s safe for the residents to return to their homes but many people have not come back because they have health concerns. we spoke to some residents during our last hour here at fox news live, they say they don t know when there lives will return to normal. how has this changed your daily life and routine? changed everything for our lives. essentially our home doesn t feel like that safe space anymore. my thing is if they don t have answers, i m okay with them saying that, it s just don t dance around it to pretend like you do it, like you don t. eric: monitoring the fema news conference when it begins but let s go to mike tobin live in east palestine with th
washington. disgraced south carolina lawyer and now convicted killer alex murdaugh will spend the rest of his life in prison. a judge handing down that sentence this morning after a jury needed less than three hours to find murdaugh guilty of murdering his wife, maggie, and his son, paul. in the murder of your wife, maggie murdaugh, i sentence you for a term of the rest of your natural life. for the murder of paul murdaugh, whom you probably loved so much, i sentence you to prison for murdering him for the retsst of your natural life. judge clifton newman notably getting very personal before handing down that sentence, talking about knowing alex murdaugh and his family and that alex was a well-respected and gregorius person, but the judge also made it clear that he agreed with that guilty verdict handed out by the jury. he accused murdaugh of duplicitous conduct in the courtroom and on the witness stand and he said the lies finally caught up with him. cnn s dianne galla
the trials studies, in this primetime special. good evening everyone, i am laura coats, the closing argument today in the alex murdaugh double murder trial will resume tomorrow. they come after five weeks of intense, emotional, and graphic moments. as a jury of 12 in south carolina will soon decide alex murdaugh s face, and for the very first time today they visited the scene of the murders of maggie and paul murdoch, traveling to the families hunting property. we also got to look at the crime scene of close we have video released today. here is how tonight is going to work. we have assembled some of the nation s most prominent trial and jury veterans to analyze the key pieces of evidence. and which side may have the best argument. on the defense table, mark o mara, who defended george zimmerman. jennifer vaughan jean who defended bill cosby, and r. kelly. and lonnie coombs, a former los angeles criminal prosecutor and a veteran former homicide prosecutor in brooklyn. in ou