At 10 00, we will get weekly crude inventory numbers from the u. S. Which are expected to drop. At 2 00, it will be the fed decision followed by Janet Yellens press conference 30 minutes later. We will bring you live coverage starting at 1 00 p. M. Today. First, we want to give you a preview of that decision. And so, we turn to mike mckee in washington. Mike, there is not much suspense on what they are going to do on the rate. What are we looking for . Mike it sounds like a cliche, but it is about what they do and not what they say. We will look at the soft patch to see why they need they feel the need to raise rates anyway. What are they going to say about unemployment . It is now below where they were projected in march. The cpi numbers could be very important, because they have to explain what is going on with inflation which has dropped off significantly. Is it going to continue to drop . If so, why do they think so . This all has to do with what wall street takes as its forecast.
Northwest d. C. On m street in the 1200 block where d. C. Police are investigating a shooting that happened a short while ago in this neighborhood. You can see there one, two, three police cars. One just left. Couple of officers just went inside this apartment building. This is the claridge towers building. One came out and left the scene here. Police found a man shot here a short while ago. He was conscious and breathing when he was taken to the hospital. Police tell us the victim and the suspect they believe know each other. But we dont have any further details as this investigation is just beginning. Were live here in northwest d. C. Im molette green. Back to you. All right, thank you. Its 5 01. Good morning. Im aaron gilchrist. Im eun yang. We want to check the forecast as well. Storm team 4 meteorologist tom kierein telling us about a bit of a cool down before a warmup. Its getting more humid too. It kind of feels like rain is trying to move in. Not yet though. A few sprinkles aro