rate at 5 5.25%. but it has won the there may be increases later in this year. what exactly is the european central bank thinking? when it comes to its increases today, here is what the president had to say. indicators of underlying the president had to say. indicators of underlying price the president had to say. indicators of underlying price pressures - the president had to say. indicators| of underlying price pressures remain strong, although some show tentative signs of softening. staff have revised up their projections for inflation, excluding energy and food, especially for this year and next, owing to past upward surprises and the implications of the robust labour market for the speed of this inflation. they now see it reaching 5.1% in 2023, before it declines to 3% in 2024. 50 5.1% in 2023, before it declines to 396 in 2024- 5.196 in 2023, before it declines to 396 in 2024. ., ., 396 in 2024. so that view there from the eumpean 396 in 2024. so that view there
morning. morning joe starts right now. it s the top of the hour. welcome to morning joe. it is tuesday, january 2nd. happy new year, everybody. israel s ground offensive in gaza is entering a new phase. the israeli military has plans to pull back some troops and shift to more localized operations. we re going to go through that development and the escalating tensions in the red sea. plus, a damning, new report on the intelligence failures by the israeli military. new york times investigation found there was no battle plan for a massive hamas invasion that they were warned about. also ahead, a look at the long to-do list for congress in 2024 with several crucial items that were simply not addressed late last year. plus, the supreme court has a tight timeline to rule on what would be one of the most consequential cases involving the presidency. we ll get expert, legal analysis on the issue of removing donald trump from the ballot in two states. are there going
patterns because if you find in follow the patterns of biden it is always a pattern patterns of biden it is always a pattern of weakness. patterns of biden it is always a pattern of weakness. what have you seen in terms pattern of weakness. what have you seen in terms of pattern of weakness. what have you seen in terms of your pattern of weakness. what have you seen in terms of your experience - pattern of weakness. what have you seen in terms of your experience in | seen in terms of your experience in your types of negotiations and when it gets to a person battle it looks like, if you re taking the broader view partisan. that this did get a lot of democratic and republican votes. ., , , ,, a lot of democratic and republican votes. ., , , , ., votes. honestly this is a win for both kevin votes. honestly this is a win for both kevin mccarthy votes. honestly this is a win for both kevin mccarthy in - votes. honestly this is a win for both kevin mccarthy in