united states of scandal with jake tapper, back-to-back premieres tomorrow at nine on cnn hello, and welcome to all our viewers watching around the world. i m anna coren live from hong kong ahead on cnn user, us president joe biden says putin will pay the price but his role in the deaths of russian opposition leader alexey navalny s for the emboldened and seemingly unstoppable russian leader what does western response look like? disgust plus donald trump is sounding off foster a massive $355,000,000 hits to his fortune. the former president campaigning in michigan where he railed against the civil fraud ruling and airstrikes hit multiple cities in central gaza. israel says it was targeting hamas, but doctors on the ground claimed dozens of civilians were killed there is continued and growing outrage over the death of russian opposition leader alexey navalny. russian prison officials say navalny died friday after a walk. that many western leaders, including us pr
wall street journal, was detained in a small town just east of moscow. the wall street journal strongly defending their reporter. the kremlin says he was quote caught red handed, but refuses to provide any more details. its track record on this sort of thing. does not inspire confidence ahead. we will have the latest from russia plus overnight, the army says. several people have now been killed this after two blackhawk helicopters crashed near fort campbell will be on the ground there in kentucky. also right now homes are evacuated in raymond, minnesota, after a train carrying ethanol derailed early this morning. we ve got new details for you on that. we re also keeping an eye on the vatican as pope francis is in the hospital undergoing treatment for a respiratory infection ahead. we ll have an update on his condition. but we begin this morning with that alarming headline out of russia . american journalist herskovitz is right now in russian custody after the wall street jour
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And political commentator and washington post opinion columnist. catherine great to see you. we just heard from christine kind of laying this all out for us. do you agree that perhaps there is some little signs that the feds decisions and actions could be working. well also in that report, we saw that consumer spending is still growing but has slowed in how quickly it s growing. so that could be a sign that the feds medicine is having an effect. but as christine laid out, this is very much a rear view mirror. this is the end of 2022 that we re talking about. a lot has happened since then, including, of course, lots of financial turmoil and what kind of effect that may have on both the labor market, financial conditions and other economic forces going forward is still yet to be seen. you wrote in a walsh washington post opinion article just about the overall pessimism that we ve seen from americans about their finances,
Raise interest rates, probably one more time. one more quarter point move. they also made some changes to the unemployment rate . they actually upgraded their view on the unemployment rate. they now see unemployment rate going up, but not going up quite as high as before. they also upgraded their view on inflation, though they do think that it s going to take some time before inflation gets back to normal. all right. maddy. didn t madigan stay with us? we re going to bring in cnn economics and political commentator catherine rampell of the washington post. catherine great to see you. i just want to ask you first. we know that the fed was really trying to do a delicate balancing act here between and controlling inflation and also dealing with this baking instability that we ve seen over the last several weeks. was this the right call? this is certainly what markets were expecting. if you look at where forecasts were how contracts reprised prior to this announcement, there was a very hig