people that remember inflation. they are remembering those times or if you are knew to this it packs a punch especially at the grocery store. the fastest spike in more than four decades and will draw a forceful response from the federal reserve. bill: a series of rapid rate hikes. a recession could be triggered and we don t want that. dana: the white house tried to get out in front of this blaming the war in ukraine. numbers tell a different stories. prices are on the rise since biden took office. maria bartiromo on deck with analysis. we begin at the white house with peter doocy. good morning. good morning. white house officials had people bracing for a bad number. it turned out to be worse. we have it on the screen. prices are up 8.5% since last year, 1/10% higher than projected. food and energy are driving the spike. if you strip them out the so-called core inflation number is better than expected. a 6 1/2 rise in prices since last year. the prices have been rising s
We ll bring you back as soon as you have more. eric shawn or reporter in new york. dana: hannah meyer at the manhattan institute director of public safety and policing. your initial reactions as the news has just broken this morning at 8:38 a.m. it is horrible and it seems like this is someone who intended to cause terror, who intended to have a lot of casualties and really disrupt the system as opposed to maybe some of the other fires that were alluded to that happened recently or the crime that is still up 80% in new york city subways but isn t on this scale and with this kind of purpose. i think we ve had the luxe lury the last couple of years in new york city of not seeing a large-scale attack like this. but of course they are being planned all the time. there are many people that want to harm us and nypd has a large intelligence apparatus. it s online and in person that intercepts a lot of this stuff
Covered in cameras on the subway platforms, on the streets, on the street where this perpetrator fled. there will be enough information as bill braten was describing. nypd has a way, they will catch him from there you have to find out did he act alone? bill: what bill said there is interesting about these devices, if they were made to generate smoke that may indicate is the reason why he was wearing a gas mask, but we ll let the police tell us that when they start their press conference when that happens. from the d.o.j. jake gibbons files this. f.b.i. is responding. the nypd is the lead agency at this point. they confirm again the suspect is not in custody. dana: one thing interesting about the video that we showed was i was confused about one thing and maybe when we get our witness back. in some ways they were trying to get people back on the train and you see it in the video and
The video cameras and so they will be working very aggressively to capture as many of the video images as possible to try to identify very quickly whether it s a lone suspect or multiple people. the confusion about who is wearing what. this is going to unravel throughout the course of the day and even as we are talking, numbers of people involved are apt to change. that s the nature of these types of events. anything that happens in the subway adds to the complexity and when it happens at rush hour it compounds the complexity. again we re into a very long day of destruction, fear, confusion. dana: in a situation like this, i m fully confident the perpetrator will be caught. there will be confidence in the capabilities of law enforcement. dana: what is it like in the nypd now as they work with the
Sharing your story and we are happy to know you are okay. thank you. dana: incredible eye for detail and important witness to this. thank you so much for being here with us. bill: word from the white house. the president is briefed on the developments. jen psaki shot out a tweet a moment ago. in touch with mayor adams and the new police administrator. dana: merrick garland has been briefed and f.b.i. and a.t.f. is here to help but stressing that the nypd is in the lead. bill: so our reporter is on scene. bryan llenas, let s check in with him on the sidewalk across the river in brooklyn. what do you have? we re on 35th street and 4th avenue. behind me is 36th and 4th where the subway station is. behind me you can see there are