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Here is chair, jerome powell, during his press conference. The economy has made considerable progress toward our dual mandate objectives. Inflation has eased substantially over the past year, while the Labour Market has remained strong. And that is very good news. But inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. We are fully committed to returning inflation to our 2 goal. While the prices of many goods have fallen, from cars to furniture, an increase in housing and Petrol Prices have contributed to a recent rise in consumer inflation. With progress on inflation taking longer than expected, hopes for lower rates have dimmed. One scenario that could change that calculation . Chair powell said if the Labour Market unexpectedly weakened, that could spur rate ....
Angeles. You are looking screen right at a live Helicopter Picture of the campus of ucla. The sight of hundreds of Police Officers massing right now, apparently in preparation to move in and clear out the propalestinian Protester Encampment that has now been in place on that Public University campus for almost a week. Last night, of course, 24 hours ago, we saw ongoing battles between those propalestinian protesters and proisraeli counterprotesters. That violence finally subsided after about three hours, and now 24 hours on those scenes, replaced by a massing of Police Officers , clearly in preparation for some sort of operation. Live on the campus of ucla is our correspondent, bill melugin. Bill ....
Everybody wanted for over 50 years and we got it done. Thats donald trump once again taking credit for the end of roe v. Wade. The former president made several false claims about the issue during both of his Campaign Rallies yesterday. Well have more on that in just a moment. Also ahead well go through the chaos overnight on the campus of ucla after a group of counterprotesters attacked a propalestinian encampment. And meanwhile Secretary Of StateAntony Blinken is pressing hamas to accept a Gaza Ceasefire deal. Well bring you the latest on those negotiations. Good morning and welcome to Way Too Early on this thursday, may 2nd. Im jonathan lemire. Thanks for starting your day with us. And well begin this ....
Chaos on the campus of ucla. Right now, at this minute, police are making rouses while battling with propalestinian protesters. Brian Activists With Shields and umbrellas, yeah, umbrellas, and pieces of Plywood Blocking Entryways to Keep Police Officers out. Police in riot gear positioned around the encampment red to corral the crowd. Lawrence lets bring in William La Jeunesse. What are you seeing on the ground. Police are rushing in right now. What else the scene like. Its a very volatile situation. We are in the main corridor, the mall if you will. This is where the encampment is here. You can see chp is lined up here. They will be the first line going in if indeed the order is given. And then you have. [no audio] back very important ....
Mandate objectives. Inflation has eased substantially over the past year, while the Labour Market has remained strong. And that is very good news. But inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. We are fully committed to returning inflation to our 2 goal. While the prices of many goods have fallen, from cars to furniture, an increase in housing and Petrol Prices have contributed to a recent rise in consumer inflation. With progress on inflation taking longer than expected, hopes for lower rates have dimmed. One scenario that could change that calculation . Chair powell said if the Labour Market unexpectedly weakened, that could spur rate cuts. And sweetening the mood on wall street, the Do ....