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the former president. the first big attempt to control ai artificial intelligence. the european parliament has approved a draught plan to regulate the use of ai. and does too much bad news stop you from following current affairs? the latest figures suggest the tougher stories are turning people away from reading and watching the news. but first to that exlusive report on north korea. no one has been able to enter or leave the country for over three years because of the their covid restrictions. now three people living in north korea have risked their lives to tell the bbc what s happening. they ve told us food is so scarse, neighbours are starving to death. here s our seoul correspondent, jean mackenzie, and a warning you may find the report distressing. supplies are so low. people are started dying. this chilling testimony comes from inside north korea. once i didn t eat for two days, i only drank water. recently, people have been knocking on the door asking for fo ....
what are you going to do tomorrow? can t top that. you can. bring it. see you tomorrow. cnn news central is now. that music. new reaction this morning after the town hall with former president trump. what democrats and republicans are saying and how this might shift the race for 2024 in surprising directions. key economic data just into cnn showing inflation is cooling. weekly jobless claims have ticked up to the highest levels since october 2021. title 42 ends today so what happens next as thousands of migrants are said to be waiting just across the southern border. we re following these stories and more. this is cnn news central. okay. so what now? this morning we are getting fresh reaction to former president donald trump and his appearance on a cnn town hall last night. president biden wrote, quote, it s simple folks, do you want four more years of that? a super pac backing florida governor ron desantis put out a statement called it, quote, an ....
make it all. lydia? hi, charles. a month of cooling prices, certainly encouraging news for consumers that welcome the relief. they ve probably noticed gas prices coming down at the pump. there are still concerns that inflation could turn around and tick back up as there s other elements like housing, rent prices are still very high and should by said one month of cooling prices does not a trend make. consumering still notice how they re paying through the nose for a lot of items. gas prices still high even though they are coming down. up about 44% higher over last year. prices for food at the grocery store, more than 13% higher than last year. health insurance premiums up 20%. airline fares up, too. more than 27% still. you know, charles, it s school season. parents are stressed right now. they re out shopping getting their back to school supplies and noticing the sticker shock. take a look at this basket of back to school items like notebooks and binders and pencils. ....
Its high Interest Rates. North America Business correspondent Erin Delmorejoins Me now. Good to see you. Put a bit of contact around the numbers for us. Sure, so this is not the Inflation Report a lot of people were looking for because remember, we saw hotter than expected Inflation Injanuary and february today we see that data again in march. And not only is it higher than expected, but we are seeing this trend upwards. And thats not what the fed wants to see when they talk about Cutting ConfederatesInterest Rates this year. The expectation when wrapping up year. The expectation ....
Pre-pandemic average, 1.1%. joining us now cnn chief business correspondent christine romans. all right. i guess i have to start with this idea that perhaps the fed may not raise interest rates again? when you see numbers like this, this shows that all of that fed tightening is starting to work in the economy. a 1.1% inflation rate, this is factory floor inflation, this will get to the consumer eventually, but this is even lower than the pre-pandemic average, the ten years before we had the pandemic and it shows you that sticker shock is really starting to go away. this is really an important number and it comes after we saw yesterday of course the consumer prices also cooling. a little more elevated than this, but consumer prices are cooling and the curve of the chart is just undeniable here. it s been 11 months in a row of cooling prices and when you look at this chart, share ration you can see that, in fact, inflation now is not eating up your wage gains anymore. and that s an imp ....