historic inflation. the decision will likely produce ripple effects on your personal finances and the economy in the months to come. cnn s matthew gin et joins us. we ve been awaiting this decision, what has the fed said? 75 basis points, the fed just delivered another massive interest rate hike, designed to put this inflation fire out. that means higher borrowing costs. this is the fourth straight interest rate hikes. this is historic. we ve never seen drastic actions like this under janet yellen. we never saw this from ben bernanke, or even alan greenspan. you have to go back to the early 80s under paul volcker. i think this says how stubborn the inflation has been. the fed s statement, which is watched very closely, is basically identical to last month, except for one key part. the fed reiterated that ongoing interest rate hikes are likely to be appropriate, but they added that this is going to be the case in order to get policy restrictive enough to get inflation down
Threatening post about possible gun violence not from a stunt but from an nfl player. Details on his arrest. And avoiding al qaeda, pirates and political instability all for a fantastic cup of joe. Inside a young mans journey to bring coffee crops back to the country where it all started. But we begin this morning with todays eye opener, your world in 90 seconds. Mr. President , any concerns about rick davis . Thank you very much. Its mueller time again as a Trump Campaign aide flips. The former Deputy Campaign chairman to the president of the United States is a felon. This is not good. Paul manafort was hit with new charges just a couple of hours after rick gates pleaded guilty to conspiracy. 911 emergency, how can i help you. Cbs news has learned 5 1sz 2 weeks before a shooting a woman called the fbi and said nikolas cruz would get into a school and shoot the place up. So much for a teleprompter. He rocked the crowd of cpac 2018. If you could only have one, Second Amendment or tax cu
The u. S. Wins a gold in a winter game few understand. This is the cbs weekend news. Ninan good evening. Im reena ninan. We begin with the release today of a memo from democrats on the house intelligence committee. Its a rebuttal document to a republican memo releasedallier this month that alleged antitrump bias at the f. B. I. And justice kept. Paula reid is at the white house. Reporter reena, as you just noted, republicans earlier this month released a memo suggesting that the f. B. I. Abused its surveillance power to monitor former Trump Campaign adviser carter page. They alleged that the f. B. I. Requested a warrant based on information from someone who had an antitrump bias. But todays memo, which is authored by democrats, alleges that the f. B. I. Actually had an independent basis separate from the information in the infamous dossier to believe page was knowingly helping russian intelligence. And republicans have charge that warrant to monitor page taints the origins of the speci
Gun policy, i suggested here a corresponding cause for our national tragedy. And today in light of new information, let me say it flat out. The Florida School shooting was an epic intelligence failure. It should have been stopped. It never should have happened. In this technological world of apple and google, facebook and amazon, better management of data by Law Enforcement needs to keep us safe from mass killings. And better integration of that which was in a variety of databases should have kept us safe from this guy. I hate to say his name, but i need to in order to make my points. Nikolas cruz was not living off the grid like the Unabomber Ted kaczynski. He was totally plugged in. To his community, to Law Enforcement. And to social media. There was a Staggering Amount of seemingly searchable information 3r5 predicting his future path. Consider just some of the electronic bread crumbs. The Broward County Sheriffs Office received 23 calls about this one guy over ten years. Starting w
Side of the gun debate, and later we are going to hear from a musical icon who has a personal tie to this whole thing. She lost her mother, her brother, her nephew, to gun violence. Speaking out tonight on this show the Jennifer Hudson is going to be here tonight. [ applause ] but first lets talk. Not now, not now. First lets talk, you know, Young Americans quest to save their own lives at some point was going to have to hit a tipping point. Because this is a generation that has seen way too much violence, too many funerals. They have grown up practicing how to run, duck and hide just so they dont get killed in their own classrooms. I didnt grow up that way. Its in sane. So i am very grateful for this martha was led by the parkland survivors who are determined to transform what happened to them into something positive for everybody. But this march also made me really, really sad. Because it really should not have taken these deaths and it shouldnt have taken this long. We have had two