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chairjerome powell suggested as much. as we approach the end of the year, it s natural to look back on the progress that has been made toward our dual mandate objectives. inflation has eased from its highs, and this has come without a significant increase in unemployment. these are things we want to see. why might the rate hiking cycle has included 11 increases. government data showed inflation dropped from 9.1% in mid-2022 to 3.1% in november. that is above the target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. for wall street the dowjones international average jumped to record close. this is the third time in a row of the central bank decided against another rate hike. for investors satisfied with what the fed has done is when it will start cutting rates? there is a lot to digests in america big questions about whether a cut is likely. we will talk about that than i want to come onto the uk and europe. what is y ....
confirming to abc news that israel has begun flooding the hamas tunnels to destroy them and hamas. but what about any hostages who might have been held in those tunnels? first tonight, president biden and president zelenskyy before the cameras late today, pleading for help from congress in passing new funding. but tonight, house and senate republicans blocking that help. president biden warning failing to help ukraine will, quote, give vladimir putin the greatest christmas gift they can possibly give him. mary bruce standing by live at the white house. also this major headline from the israel-hamas war tonight. two u.s. officials now confirming to abc news that the israeli military has, in fact, started pumping water into those tunnels run by hamas. james longman standing by with late reporting from israel. back in the u.s. tonight, and the deeply personal issue of abortion. and the young, pregnant wife in texas. her health in danger. tonight, the texas supreme co ....
tonight, u.s. officials now confirming to abc news that israel has begun flooding the hamas tunnels to destroy them and hamas. but what about any hostages who might have been held in those tunnels? first tonight, president biden and president zelenskyy before the cameras late today, pleading for help from congress in passing new funding. but tonight, house and senate republicans blocking that help. president biden warning failing to help ukraine will, quote, give vladimir putin the greatest christmas gift they can possibly give him. mary bruce standing by live at the white house. also this major headline from the israel-hamas war tonight. two u.s. officials now confirming to abc news that the israeli military has, in fact, started pumping water into those tunnels run by hamas. james longman standing by with late reporting from israel. back in the u.s. tonight, and the deeply personal issue of abortion. and the young, pregnant wife in texas. her health in danger. t ....
breakfast. it s thursday the 7th of december. our main story. rishi sunak is considering who to appoint as immigration minister following robertjenrick s dramatic resignation. he left in protest against new legislation designed to give the government the power to send migrants to rwanda. mrjenrick says the bill, which will be presented to parliament today, doesn t go far enough, because people arriving in small boats can still challenge their deportation to rwanda at the european court of human rights. our political correspondent, damian grammaticas, reports. it s nice to see you, have a good evening. why did you resign, sir? the answer is simple. nice to see you all, thanks very much. and it makes this a moment of perilfor rishi sunak. do you think the prime minister will be able to stop the boats, mr jenrick? as immigration minister, robertjenrick had vowed to see asylum seekers deported to rwanda even after the supreme court ruled the plan unlawful. this was tues ....
good morning. a frosty and foggy start to the day to day. some freezing fog will linger for much of the day. the sunnier skies will be the day. the sunnier skies will be the further east you travel. a return to wet and windy conditions in the west. all the details later on in the programme. it s wednesday, the 6th of december. our main story. the former prime minister boris johnson will give evidence to the covid inquiry today and face two days of questions about his time leading the uk during the pandemic. he s expected to apologise to people who lost loved ones but claim that he and his government got the big decisions right. our correspondent ellie price reports. from this evening, i must give the british people a very simple instruction. you must stay at home. in the end, it was his call. he was responsible for the biggest decisions made during the pandemic. that is why people will only be allowed to leave their home. but how he came to make those decisions will be ....