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let s get down to business now. in just a few hours, the federal reserve america s central bank will make a decision on interest rates. it s pretty clear the cost of borrowing will go up but the question is, byjust how much. our north america business correspondent samira hussain reports from new york in the united states the cost of living has hit the highest level in more than a0 years. everything is more expensive. in the last year, the cost of food and vegetables is of more than 8%. today, £1 of beef is $5. last year it was $a.a0. the price of petrol has skyrocketed by 60%. and this is not a uniquely american problem. great prices are soaring around the world. the federal reserve, like other central banks is raising rates to curb inflation. here on wall street most people believe the policymakers will raise by .75%. but there are those believe the fed may adopt a more aggressive policy and raise the rates by a full percentage point. such is the urgency of combating r ....
The justices denying that request for intervention from the state, hut with just a single sentence, no recorded vote, no dissent. Alabama has been ordered to come up with two majority black districts, or something quite close to that. To better represent the states 27 black population. The map the republicans offer still only had one majority black district, but with this decision today, alabama will now have to be on its way to have a new map in time for the 2024 election. Something that could have national implications. Thank you so much for joining us for this busy news hour tonight. Cnn prime time with Abby Phillips starts right now. Tonight, we are going to play for you jake tappers entire interview with Cassidy Hutchinson. Shes a former trump aide whose testimony may end up leading to his conviction. She discusses their, her tumultuous time in the white house. Her bi ....
Sentence, no recorded vote, no dissent. Alabama has been ordered to come up with two majority black districts, or something quite close to, that better represent the states 27 black population. The map that republicans offered still only had one majority black district. But with this decision today, alabama will now have be on its way to having any map and have the 2024 election, something that could have national implications. Thank you so much for joining us for this busy news hour tonight. Cnn prime time with abby phillip starts right now. Tonight, we are going to play for you, jake tappers entire interview with Cassidy Hutchinson. She is the former trump aide, whose testimony may end up leading to his conviction. She discusses her tumultuous time in the white house, her biggest fear about the trumps second term, and her message to anyone who is still loyal to the former president. But first, we have two breaking stories th ....