ybefore to know before you head out. and welcome to our viewers in the united states and around the world. i m christine romans. this morning reaction pouring in after the supreme court ruled to gut affirmative action, a move that will transform college admissions beiacross the countr. justices rules that colleges and universities can no longer consider race as part of their address missions process. the supermajority all voting to reverse decades of prez department. republicans praising the decide. kevin mccarthy said that it will leave to fairer admissions. but democrats are slamming the ruling. vice president kamala harris calling it a step backward that will make the nation s colleges less diverse. jessica schneider reports. reporter: the supreme court stirring up protests with its decision gutting affirmative action saying colleges and universities can no longer rely on race in the admissions process. but prospective students are still allowed to talk about how the
steaming? i look forward to hearing from you. that is coming up. and here is the news. tens water is holding urgent talks today to secure extra funding thames water. the government says supplies will not be affected if it collapses. the court of appeal are set to rule today on a challenge to the government plan to deport migrants to rwanda. at least 150 people have now been arrested across france after protests over the killing of a 17 year old boy by a police officer. the teenager was shot in a traffic stop in a paris suburb on tuesday. the committee which found boris johnson repeatedly lied to parliament over downing street party is in lockdown will publish another report today about how it believes the findings were undermined. it is expected to name certain mps and peers. i have hints of some of the anger from you about your water from a couple of callers we took in mp5 panel yesterday. if you feel you want to howl at the moon, we are hear from you, want to howl at the
leave interest rates unchanged in june. leave interest rates unchanged injune. charles lieberman, who has worked at the new york fed and is now chief investment officer and advises capitol management explained the rationale. rationale. the fed has tightened rationale. the fed has tightened monetary i rationale. the fed has - tightened monetary policy quite dramatically quite quickly, basically a phase with five percentage point increase in a little more than a year. and thatis little more than a year. and that is huge. historically it is an enormous increase. and i think there is a loss of there is one view that the feds should wait to see the impact of what they ve done. any should wait to see the impact of what they ve done. any break ma be of what they ve done. any break may be short of what they ve done. any break may be short lived. of what they ve done. any break may be short lived. us - may be short lived. us inflation are still running well above the feds
in the united states where the central bank, the us federal reserve, has raised the cost of borrowing for the tenth time. the quarter percent rise puts the fed s main interest rate at between 5 and 5. 25% the highest it s been in 16 years. but has it done enough to tame inflation? or with banks struggling and recession looming, has the fed gone too far? our north america business correspondent samira hussain reports from new york. inflation remained stubbornly high, to try to get the cost of living back down to more normal levels the federal reserve has raised interest rates ten times in a little over a year, now it seems it may be ready to perhaps take a pause. the committee perhaps take a pause. the committee will perhaps take a pause. the committee will take - perhaps take a pause. the committee will take into account the cumulative tightening of monetary policy, le-s tightening of monetary policy, legs with which policy affects economic activity and inflation and ec