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
griff: despite new report prices surging in january. lucas tomlinson in january with the latest from the president s response. hey, lucas. lucas: the last hour, aishah interviewed and weighed jp morgan ceo jamie dimon having trouble heavy will with inflation. i wouldn t go that far. i think they got a late start. they should have started ticking interest rates earlier, maybe six months earlier than they did. lucas: here is new economic data, rose .6% in january beating analysts expectations. this annual inflation the annual inflation rate rose 5.4% first increase in inflation data since it peaked in june making analysts wonder if it s behind inflation just like jp diamond. president biden reacted to news, inflation is down from the summer while unemployment is remained at or near 50-year low and take-home has gone up. the white house announced friday it will be sending $2 billion in additional weapons and ammunition, not on the list fighter jets, asking the question on wh
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
DIMMIT COUNTY, Texas - A fatal accident has shut down a portion of a highway early Monday morning near Carrizo SpringsThe Dimmit County Sheriff’s Office said th
that crashes under investigation this afternoon. border patrol is not clarifying to us if any of its own agents were killed in the incident. we will update you as we can confirm more. in a separate incident outside of eagle pass, border patrol confirms to fox news agents were involved in the use of force incident this morning, one person injured, are owned one enforcement and border patrol sources say an agent or agents lives might have been threatened via female in a dramatic incident. one agent might have opened fire on that female. we will keep you updated as we can confirm more in that situation. we don t seek border patrol agents using their weapons too often. we do however see human smuggler s leading deputies on high speed chases, some end up in crashes as well this week on an suv flipped here along the southern border. we have video southwest of san antonio, texas dps their pulling over afford 150 off texas state highway 85 when the truck comes to a stop, for illegal immigrants