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CNN The Situation Room With Wolf Blitzer July 7, 2024



house speaker nancy pelosi has just been arraigned. stand by for details. this comes as we re learning the pelosi family members are expected to hear the 911 call and see the police body camera footage taken at the scene. also tonight, political heavy weights in both parties are hitting the campaign trail one week before the midterm elections that potentially could shake up the balance of power here in washington. cnn is on the ground in the make or break battle ground states. welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. we begin with the new developments in the paul pelosi attack. the suspect formerly said arraigned making an appearance in the california courtroom. josh campbell is outside the courthouse in san francisco. josh, tell us what happened inside the court today. reporter: yeah, wolf, that hearing just wrapping up here at the hall of justice in down tow san francisco for david d p ....

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US: Gold might trade with a bearish bias next week as short-term macro headwinds persist

Gold prices started the week negatively as mixed US data and weak European economic data increased the strength of the greenback. Although the dollar index started to ease on Tuesday, it recovered during the first half of the week due to positive Chinese sentiment and an upcoming FOMC meeting. ....

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CNN The Situation Room With Wolf Blitzer June 4, 2024 21:42:00

Rates at 3% perhaps going to 3 3.75% and core inflation at 7%, the much greater risk is of not doing enough because i look at economic history and i see there are many times when the fed didn t do enough and so inflation reaccelerated and that i can t find any times in the last 60 years of american economic history when the fed did too much because the fed has got a goal. they ve been very explicit about it. 2% inflation and even if there is something of a downturn or a recession, i don t see any reason to think that there s any real prospect without a lot more fed action that they re going to push inflation durably below 2%. so how high will interest rates have to go, mr. secretary, to bring down inflation? right now, markets are making a judgment that it s going to be ....

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