is a monster move again, and they have signaled that they are not done and project nag the interest rates are going to be going significantly higher from here, and the message that the fed is trying to convey is clear. they are serious about trying to get stubbornly high inflation back down, but the moves they are making here have lifted the interest rates to the highest level since 2008, and now the fed was late to this inflation fight. they did not start raising interest rates until earlier this years, and they have been forced to play catchup, and that has forced the interest rates to go rapidly higher, and we have not seen three straight moves of a percentage point and we have not seen anything like that since the modern era, and you have to go back to 1981, and this is not a perfect comparison, because that is before the fed publicly announced the fed moves, and what does it mean? it means the borrowing costs are higher, and interest rates and car loans and mortgage rate
Central steam and special coverage of Donald Trumps Criminal Trial continues now and you are looking a lot pictures down inside 100 Centre Street behind me today, we expect to drama filled de, with important stakes for megarian, go a long way in determining of donald from gets convicted in ten days, 16 of trial right now, the former prisoners motorcade is on route to the courthouse. Once trump arrives in, court gets underway here, we expect the people to call the man whose evolve from protector to trump pariah, To Trump Prosecution witness Michael Cohen. Im interested. Cooper, new york. And then im jake tapper in y shoots and uci and you are wanting special cnn live coverage of Donald Trumps Hush Money Cover Up Trial Today the man who bent the truth and broke the law for his his former boss, the former president goes on the stand. Michael dean cohen the former trump fixer and lawyer whose imposed trumps will on whatever he could bullying dealing and lawyering his way into getting trump