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Thats slightly higher than expected and driven mainly by higher costs for gasoline and rents. In the 12 months up to february, the cpi rate increased by 3. 2 , compared to 3. 1 injanuary. The core rate, stripping out those volatile elements such as fuel and rents, fell to 3. 8 from 3. 9 injanuary, but that was still higher than the 3. 7 expected. This latest data suggests there is still some stickiness with inflation that will be scrutinised by the Federal Reserve as it weighs up a highly anticipated Interest Rate cut injune. Lets head over to new york and speak to our north America Business correspondent michelle fleury. As far as the fed is concerned, it is about how they respond to this number. It is not going in the direction they wanted it to. The tricky word direction they wanted it to. The tricky word that direc ....
Donald trumps legal team is prepared to go back to court later this month, and the many deflections they are testing out in public. A dramatic attack in a russian port overnight. It shows an unmanned drone seriously damaging a russian warship. And the update of the gilgo killings. Sara is off today. Im kate bolduan with john berman, and this is cnn news central. A new month of job growth extending Employment Strength in the u. S. Economy. 187,000 jobs were added in july and the Unemployment Rate ticked down to 3. 5 , and now the 187,000 jobs added were lower than what economists were expecting. Joined now by acting labor secretary julie sue, and thank you for joining us, and economists were expecting more jobs added and what do you think of that . Well, this is the stable steady growth that the president predicted a year ago. We were hopeful that we would go from the ....
Has killed at least one civilian and wounded five. Officials said the missile hit an education centre. Earlier on President Putin spoke at the annual Navy Day Parade in st petersburg, the same city he was meeting african leaders. There was a flotilla of ships present and the russian president gave a speech in which he said the russian navy baguette that 30 new battleships and thanking naval trips for their services and the love of the motherland. Lets take a listen to some of putins speech. Translation patriotism is at the core of the particular Neighbour Culture which helps them fulfil the tasks and evokes pride among our people in the strong fleet. This pride proves that the people of russia can hold the power on the seas. Today, the Russian Fleet is solving t ....
Unit, general abdourahmane tchiani, declared himself nigers new leader, saying insecurity, economic woes and corruption prompted him to seize power. The us, the eu, and france nigers former colonial ruler say they wont recognise the coup leaders, with some suspending Security Cooperation and budgetary aid. There are concerns among many countries over which states nigers new leader will align with potentially moving closer to russia as happened after coups in neighbouring burkina faso and mali. Later, leaders from the 15 countries that make up ecowas, the Economic Community of west african states, and the eight leaders from the west African Economic and monetary union, will meet to discuss their response. Earlier, chris ewokor, who is following the story from neighbouring nigeria gave me an update on what can ....