yeah. good morning, everyone. mystery wrapped in a riddle. it s serious stuff. so the question is, what are they? where did it come from? three mysteries. mysterious i should say flying objects shot down in three days by u.s. fighter jets and now the white house is under mounting pressure to explain exactly what is going on. also, we re tracking a major international development as the death toll in turkey and syria is still climbing after last week s catastrophic earthquake. more than 36,000 people have now been confirmed dead. is the public outrage is growing against turkey s long time leader. is the backlash big enough to topple it from power before an upcoming election? plus, the super bowl last night the rush comes. throw it as far as his arm can take it. and the kansas city chiefs have won super bowl lvii! let s see if i can do my super bowl voice. the kansas it icity chiefs are r bowl champions. lots to talk about. we have everything there. we re going to b
from its peak of 9.1% in mid 2022 tojust 3.1% in november. that is above the fed s target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, for wall street, all three major markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? that s happened in the us overnight. i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. i think this is a very good question on what we have seen during this business cycle is that the fed and the us rates tend to lead other markets so that is one way we can take signal from what s happening here. there has been enough progress on inflation that makes the fed feel comfort
to ease rising prices. data you may recall this week showed a drop from its peak of 1.9% in mid 2022 tojust 3.1% in november. that is above the beds target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, wall street, all three major markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? investment firm t row what happened in the us overnight? i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. i think this is a very good question on what we have seen during this business cycle is that the fed and the us rates tend to lead other markets so that is one way we can take signal from what s happeni
whoever is hosting and airing the super bowl for an interview. so now the question is raised by some critics whether or not this was a missed opportunity for the president to reach millions of viewers. with his take is the editor in chief ben smith. that is a good question. it is a lot of people. i think 208 million people watch the super bowl last year. how do they weigh a calculus like that of whether or not to go forward with this? i think it s pretty tactical. i don t think this was negly them trying to strike something low against fox. if that is a side benefit, i m sure they re into it. but they tried to get the go to a subsidiary fox channel and to have the actress vificca fox, no relation, interview the president. she is a supporter of his. when that kind of hit a bump, they discarded the whole thing. i think mostly about the timing. if you had an interview with joe biden, you would say are you running for re-election?