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shareholders are in favour. welcome to business today. i m sally bundock. we start in the us where the cost of borrowing will be staying higher for a while longer. the us federal reserve left its key interest rate unchanged on wednesday at its highest in more than two decades and signalled it only expects to make one cut this year. the fed though is predicting four more cuts in 2025. the decision came just hours after some encouraging news on its battle to control inflation. america s official consumer price index showed prices rising at an annual rate of 3.3% in may. that was down 0.1% on april s rate and was lower than expected. but it s still way above the fed s inflation target of 2%. erin delmore in new york has all the details. economic datasets can feel abundant, these are two big deal events. we ve only seen them happen on the same day seven times in the last decade. to start, the consumer price index. that s the key inflation gauge that held good news wednesday ....
What are we having it for . What do you think . Were live on the trail coming up shortly. Then, as if it couldnt get worse, more examples of pay to play. A relative of Hillary ClintonsCampaign Chairman apparently earned millions lobbying Clintons State Department on behalf of weapons manufacturers. Thats not all. Happy friday. Were really glad youre with us. Well, ainsley, on this friday, end of a long week and were tuckered out. Hey, tucker. Good morning. Great to see. Brian is promoting his book. I think hes gotten gaugements today. If you remember in the area where he is. Hes in atlanta today. We have tucker on the curvy couch. He works every day of his life. Good. We only have 11 more days until this election, the Trump Campaign. This is the fox ....
46 degrees at 9 00. By lunchtime, well be in the middle 50s. Back in less than ten minutes about your hourbyhour future weather. But right now, lets check in with first alert traffic reporter katy zachry. Good morning, katy. Good morning, bill. We like that forecast, especially because things started out so cold this morning, and you know that if youve already been out the door and in your cars. But this is what you have to look forward to if your commute is just a few minutes away. Really a clear ride throughout our area. No accidents on any of the major roadways. This is 422 at trooper road. No issues to report there. And also, as my clingers not working. 95 at cottman avenue. The brake lights is southbound. So, even through this active construction zone, no issues tying up things on 95, girard, cottman looking good. Up in lehigh valley, a look at 22 at airport road, looking clear up in the lehigh valley. Also, in new jersey, some road work to tell you about in gloucester township. J ....
Very close to the fence if not over the fence. Here is some video from an eyewitness earlier today who pulled out his cell phone when he saw this happening. You can see the suspect or person that was operating the drone was detained very quickly. He did make a run for it at one point according to one eyewitness. A dog was let go. They got him. The drone was brought down to the ground and they say that after looking at it, there was nothing dangerous attached. There were no problems, but nonetheless it created a scare at the white house and theyre not taking any chances. That man has been turned over to park police. We do not know if you has been formally charged. It goes to show you the state of affairs at the white house. Someone having the nerve to fly a drone right about here, causing big problems. This is what one eyewitness told us. They chased him. It was a dog that put him down and then they put him in handcuffs. He was running at that point. Reporter and in the dog out of . Cau ....