Moderately above 2 inflation, moderately is what it says in the statement but does not define exactly what moderately means. There are two centers to this action, Robert Kaplan wants to see the statement to the way it was pretty wants to statement to read the economy or stance will remain the same until the economy has weathered the storm and the economic storm we have here. Well cash on the other side dissented because he wants more dovish language in this. On implement rates, statistics are very interesting here. They have reduced now the planet rates rates and estimation of this year to 7. 6 by the end of 2020 grid that is down from 9. 3 from their june projection and then also 5. 5 from on a plummet rates in 2021, 4. 6 and 2022 and 4 in 2023. The real gdp prediction cut in half for the losses they are paired they are now saying its a loss of 3. 7 at the end of this year with a bounce back of 4 next year. The inflation, fed estimates that pce inflation is 1. 2 this year up from 1. 7
battle ahead could take many more months. plus, just hours from now secretary of state antony blinken and homeland security secretary alejandro mayorkas are set to meet with mexican president just as thousands of central american migrants make their way to the united states southern border. we ll break down what this means and the key issues up for discussion. and also ahead the detroit pistons made nba history but for all the wrong reasons. the record they just broke that has everyone talking. good morning and welcome to way too early on this wednesday, december 27th. i m jonathan lemire. thanks for starting your day with us. we get right to the news and the israeli military has expanded its ground offensive into urban refugee camps in central gaza. the idf is also focusing on southern gaza s largest city as part of its stated mission to destroy hamas. officials say progress has been made in the north and that troops will continue to, quote, preserve and intensify t
very dangerous, and i hope that as the nation watches that we to say we should sound the alarm across the nation we re entering dangerous territory. that was one of two democrats in tennessee that was just expelled after participating in a gun violence protest on the floor of the statehouse. we ll have much more on this partisan punishment just ahead meanwhile on capitol hill one of donald trump s most vocal allies in congress sends a subpoena to a former prosecutor in the manhattan district attorney s office we ll explain why this move may backfire on jim jordan, and we ll dig into a bombshell report exclosing years of lavish vacations taken by supreme court justice clarence thomas, all paid for by a gop mega donor all right, good morning. and welcome to way too early on this friday, april 7th. i m sam stein in for the irreplaceable jonathan lemire. republican legislators in tennessee voted yesterday to expel two black democrats from the statehouse over their protest o
world. it is thursday, october 13th. i m christine romans. donald trump remains a clear and present danger to democracy. that s the case the january 6th committee plans to make in this afternoon s final hearing before the november mid terms. sources tell cnn we ll hear new testimony and recently uncovered evidence. the political coup and all of the events surrounding the attempt to overthrow joe biden s majority electoral college, the insurrection nair ray violence, the mobilization of the mob, all of it flowed out of the will and determination of one man to seize the presidency and that s donald trump. danielle diaz joins us live from washington. what else can we expect this afternoon? it s really important to emphasize this will be the last time we ll publicly hear in this kind of format from the committee. of course, the last time that they will have some sort of hearing to present to the american people publicly what they found in this investigation of donald trump
territory claimed by russia have been liberated. on sunday ukrainian military commander clanld the army had retaken nearly 1200 square miles in two weeks. by monday the official number had doubled. translator: from the beginning of september until today our soldiers have already liberated more than 6,000 square kilometers of the territory of ukraine in the east and south. the movement of our troops continues. the drastic jump in the news is the fact journalists are being denied access to the front lines. u.s. officials refraining from putting out numbers. they say ukrainian soldiers have pushed the soldiers back. clearly we have seen them go on the offensive in the last couple of weeks and actually regain quite a bit of territory. again, i think i ll stay out of quantifying it in too much detail but they are actually taking territory back certainly over the last two weeks during the counter offensive positions. cnn s matthew chance has more from ukraine and russia.