more than 9% injune of last year. it is a sign of the federal reserve s moves to raise interest rates to slow down inflation seems to be working. but analysts still think america central bank will raise interest rates one more time at their next meeting. it is good news for consumers but also good news for us president joe biden who counted the administration s efforts to bring prices down. he is facing re election next year and being able to control inflation without pushing the repeat into recession, it will be key in montana for years at the white house. the chief economist says he is wondering whether this is a turning point. other central banks around what asking themselves, has the us peak? we are, consumers can get the stuff they want to buy. one of the things they are concerned with is even that he had numbers is down to 3%, waved down from nine, the core inflation excluding the food and energy components are still pretty high, nowhere near the 2% target. i think w
and it has fallen pretty sharply from its peak of more than 9% injune of last year. it is a sign that the federal reserve s moves to raise interest rates to slow down inflation seems to be working. but analysts still think america s central bank will raise interest rates one more time at their next meeting. now, the cooler inflation is good news for consumers but it is also good news for us presidentjoe biden, who touted the administration s efforts to bring prices down. now, he s facing re rlection next year and being able to control inflation without pushing the economy into a recession will be key if he want another four years in the white house. william lee is the milken institute chief economist and he says everyone is wondering whether this is a turning point. that is the ultimate question at the fomc and all the central banks around about asking themselves, has it peaked? a lot of the inflation decreases have come about because supply chain to become restored around th
it s a sign that the federal reserve s moves to raise interest rates to slow down inflation seems to be working, but analysts still think america s central bank will raise interest rates one more time at their next meeting. now, the cooler inflation is good news for consumers, but it s also good news for us presidentjoe biden, who touted the administration s efforts to bring prices down. now, he is facing re election next year and being able to control inflation without pushing the economy into a recession will be key if he wants another four years in the white house. samira hussain there. let s bring in the milken institute s chief economist, william lee, whojoins us now from nevada. that s the ultimate question that all the central banks around the world are asking them selves. has the us peaked? lots of prices and inflation decreases have come out because supply chains have been restored around the world and consumers are able to get the stuff they want to buy. one of the
making his way from the airport here. he s just wrapping up a cross country tour speaking with americans living this day in and day out. they re baring the influx of migrants and in some cases, people part of gangs that are now in this country. they are disturbing a lot in these communities. i will also speak with senator marco rubio on the battle over whether the bill that congress is debating will actually fill what is wrong. i know that s a question on a lot of people s minds as we look at all of this. but first, secretary of defense, lloyd austin, facing reporters just a short time ago and taking responsibility for this secrecy that he put in place over his hospital stay. now also addressing his work at hand. whether the white house s defensive plan in the middle east is ineffective. the message has been deterrence, deterring the attack by the houthis, deterring the attacks by the malitias. has deterrence failed? our goal is to make sure that we contain this crisis in
infamous trump phone call to the georgia secretary of state. so, look, all i want to do is this. i just want to find 11,780 votes, which is one more than we have, because we won the state. cnn s sara murray has been following this story since the very beginning. and sara, the jurors in fulton county, georgia, are sworn in. what happens next? for the next several weeks, they re going the operate like a normal grand jury would in fulton county. which means they re probably going the hear cases that are murders, that are carjackings, that are robberies, that kind of thing. and then at a certain point, the d.a. s team is probably going to come to them in a couple of weeks, walk into the one of those grand juries and say okay, today you re going the hear a different kind of case, and we ll likely present their evidence against donald trump or any of the allies that they want to try to bring charges against before this grand jury. remember, a special grand jury spent months a