economists say this one should not hurt the economy. joining me now is cnbc senior analyst, congressional continue, julie tsirkin, and nbc news white house correspondent, al allie raffa. i want to read a few notable things. jason fuhrman, the former deputy director of obama s national council says the fed will be happy. the economy needs cooling off and this takes pressure off interest rates in accomplishing cooling off. a jpmorgan chase analyst says the agreement could function as the equivalent of a quarter point increase in interest rates in terms of helping to restrain inflation, and ben harris, a former deputy treasury secretary says the most important impact is the stability that comes with having a deal. markets can function knowing that we don t have a cataclysmic debt ceiling crisis looming anymore. so, ron, explain that to us. explain what they re talking about. so katy, i m going to take answer number three as the most accurate one. i just think avoiding a debt
An expanding manhunt and a community on edge. Police widen the search for a convicted killer who busted out of prison. A new sighting suggests he may have gotten farther away than expected. And the potential danger has schools shutting their doors. A new target for the Special Counsel. A cnn exclusive. Jack smiths investigation into efforts to overturn the 2020 election could be getting wider. The new focus includes fundraising and voting equipment. New indictments could be on the table. Plus, overwhelming demands. The maker of a popular Weight Loss Drug tells cnn it could take years, years for them to make enough for everyone who wants it. Were following these major developing stories and many more all coming in right here to cnn news central. We begin with the urgent manhunt for an escaped killer in pennsylvania. Police releasing these new images of Danelo Cavalcante. He was spotted on a Botanical Garden Security Camera just a few miles from the plinz e. Escaped from last thursday an
extreme disturbing. it has rare to have a daytime air wave and attacks. it s the third wave in 48 hours. on sunday, we saw the biggest drone attack the country has seen since the start of the wash, according to ukrainian air force officials. then we saw a monday overnight attack and this attack in the middle of the day. what s different, look, to be clear. people in kyiv are back to life. they re going to school, going to their jobs, having lunch, sitting outside. they are still enjoying life in this great city. but sheltering in the middle of day is different. when you are in your bed, you go to your shelter in your house, stay upstairs, go to the basement. during the day, 41,000 people went down to the subway, according to kyiv city officials. that is different and new. ukrainian officials say russia is testing the air defenses. they are looking to identify and exhaust the air defenses. over the weekend, i had a chance to speak with senior presidential adviser. we asked him about whe
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