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speeches and we get your votes and all that stuff. nobody has ever had to do this before. you know, people didn t do it before because usually candidates who judges say are rapists don t usually get this far, but what we found in iowa a couple nights ago was, well, iowa republicans that voted, those 14%, they like their presidential candidates that are called rapists by judges and they like their presidential candidates that steal nuclear secrets and like their presidential candidates that repeatedly defame women. now, you know, willie, i m new to this political thing. let me help you through this. you brushed me off yesterday when i fell off the turnip truck and i thank you that, right in front of an icy patch of snow outside of 30 rock. you dusted me off. that was nice of him. as we were leaving and going up into 30 rock. i was chewing on it. he explained politics to me. you need to hear it. willie, i still don t get it, though. like, this guy is complai ....
hovering around 2%. right now, it sits somewhere around 4%. that s certainly better than where it was last year. somewhere above 8.5%. but it is still not good enough. and it s why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may, the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expensive to borrow money it should cool off the economy. and ten rate hikes later, that tactic seems to be working. of course, the danger is the us economy could fall into a recession. those hawkish comments by mr powell had certainly weighed on investor minds. the nikki index is trading flat as japanese investors look at what happened on wall street overnight aftermarket sales for a third straig ....
sunday night in america. omor the race for the white house is kicking off in earnest tomorrow with the iowa caucus. iowa is the beginning, but the caucus does not always accurately predict how the story nd will end. a political graveyard is full of those who want iowa but did not go on to win the nomination but nevertheless winning is almost always better than not appear it polling indicates former president trump is the overwhelming favorite.ll are the poles right? and he emerge as the top challenger with poor showing persuade any candidate to exitig leftht or right? i joining us now is the host of good story and that debates c and town halls on election coverage, martha maccallum, who may have to pay taxes in t iowa because she s been there like weeks and weeks. jessica tarlov who is a cohost the five and wakes up every morning knowing she will be outnumbered even though that is not the name of the show but shs will be outnumbered 5:00 easter0 time when she more ....
right now, it sits somewhere around 4%. that s certainly better than where it was last year. somewhere above 8.5% but it is still not good enough. and it s why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expensive to borrow money it should cool off the economy. and ten rate hikes later, that tactic seems to be working. of course, the danger is the us economy could fall into a recession. those hawkish comments by mr powell had certainly weighed on investor minds. spell, likewise on wall street on wednesday. still staying on the topic of interest rates, it s going to be a busy day for monetary policymakers here in southe ....
and she explained how she viewed relations between the two countries well, trade relations, like other parts of the us relationship with china are tense. while a lot of trade still continues to flow up between the two countries, export restrictions remain in place, and china is increasingly imposing regulations, making it very tough for us companies to operate in their country. it s interesting, because economic ties still happen, discussions of geopolitical issues on the defence front just shut down. now we have bill gates, elon musk visiting china. should we feel a bit more positive about the economic side of their relationship? well, clearly beijing seems more interested in reviving or strengthening the economic part of the relationship versus the military part, and one of the things i will be looking at over the next day now is whether there is a pathway for the secretaries on the economic team for president biden to visit beijing in the coming weeks are coming mont ....