the first time it has opted against a rise in more than a year. fed chairmanjerome powell said the bank was still waiting for evidence that inflation was slowing decisively. so what might be in store? to talk through what s at stake i m joined by francis 0h, asia pacific chief executive at qraft technologies. a warm welcome to the programme. argue with the economists, the bookies that predict that inflation will actually be coming down to around 3%? actually be coming down to around 396? actually be coming down to around 396? ., ~ , ., ., ., around 396? thank you for having me, es, this is interesting because it would take a long time to see the 3% level could be achieved. we are still waiting and see for extra detail but right now the call of economists is about 3.1% of cpi data thisjune, which is also substantially different from the previous three months in may and i think the query strategy is that the cooling down of the cpi, and the fed looks like it will be changing t
busy news day. hi everyone. i m jessica dean and this morning new details surrounding the indictment of former president donald trump, the first former u. s president to face an indictment on criminal charges cnn has learned. trump is expected to appear in a manhattan court tuesday. sources say. that s when he said to be arraigned. this is quite a day. quite a moment in u. s political history. donald trump, former president and current candidate for president in 2024. is facing. we re told more than 30 counts related specifically to business fraud. if convicted, trump could be sentenced to a maximum of four years in prison, though no legal experts believe that s likely all of this connected to his alleged role in a hush money payments scheme and cover up involving the adult film star stormy daniels overnight, his attorney, joe tacopina, says the former president is quote ready to fight. we re on this notable day our reporters, correspondents and guests all standing by to b