opportunities to advance a political agenda, a radical political agenda he said that here in manhattan the scales of justice are being weighed down by politics, and they are but only today an america being rich, being powerful, even being president of the united states does not intitle you to violate the law with impunity. the republican-led house judiciary committee travels to new york city for partisan political theater. we ll is much more about this grievance-filled hearing in just a moment house speaker kevin mccarthy was also in new york talking about a plan to raise the debt ceiling but his proposal was messing several key details. and we have the latest from eastern europe following a rare trip out of russia by president vladimir putin good morning, and welcome to way too early on this tuesday, april 18th i m jonathan lemire, thanks for starting your day with us. following a two-week recess congress was back in session yesterday. but instead of legislating
the prices down. first, what more can we expect with this decision from from the fed next hour? bottom line what does it mean for american families? reporter: i think hearing from powell will be highly scrutinized. i think economic projections. we will hear how fed officials are feeling about the state of our economy, not just right now but also for years to come in terms of things like gdp growth, inflation for sure. also unemployment, the battle of the bar here for short is interest rates. if you take a look at interest rates over the last few years, you can see they were pretty much at zero during the pandemic as the federal reserve tried to encourage borrowing and spending. now rates are on the way up. the first hike was in march. then we saw rate hikes last may, last month. we know they are on their way up. i think what s parent to know is there is wide consensus there is much more ram to go in terms of where we see notes go. we put out a note yesterday ultimately it e
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