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American Prisoners Released from iran and almost home. The lead starts right now. A nightmare almost over. For Five Americans who spent years behind bars in brutal iranian prisons. One was a father locked up when he was tried to visit his jailed son. Coming up, inside of the negotiations to get The Americans released which some critics are calling Hostage Diplom diplomacy. Plus annoyed on the bench. A judge expressing irritation with Jeffrey Clark who trump almost appointed as Attorney General and who didnt bother showing up for todays hearing. And cnn undercover. Looking into what the Mercenary Wag ....
to ease rising prices. data you may recall this week showed a drop from its peak of 1.9% in mid 2022 tojust 3.1% in november. that is above the beds target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, wall street, all three major markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? investment firm t row what happened in the us overnight? i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. i think this is a very good question on what we have seen during this business cycle is that the fed and the us rates tend to lead other markets so that is one way we can take signal from what s h ....
of england andrew bailey dismissed any hopes of an interest rate cut in the near term. speaking at a conference hosted by the central bank of ireland in dublin earlier today, bailey said that it s too early to talk about a rate cut, given the continued risk of inflation. also today the international monetary fund warned that rapid wage growth in the eurozone will also keep inflation higher for longer. the imf urged the european central bank to hold interest rates at or near record highs through next year to keep a lid on price pressures. here s one economist we spoke to earlier. i think the imf is very much in tune with what the european central bank has been saying, which is that although the headline inflation rate has come down a lot, the labour market is still strong, wage growth has been quite strong. and it s going to be a very difficult and slow process to squeeze out that last bit of inflation from the system. so, i mean, we re thinking interest rates are like ....
moments ago the first lady, jill biden, just arrived to court as her son is about to face trial, a historic first there and jury selection has started. this one good morning. also, dr. anthony fauci is now retired from government, but he will be back on capitol hill for what s expected to be a combative and contentious hearing as republican chins grill him over the origins of covid and history being made in mexico. the nation has elected its first female president. i m kate bolduan with john berman. sarah is out today. this is cnn news central happening now. jury selection is underway in the federal gun trial of president biden s son, hunter biden. hunter biden did arrive according in wilmington, delaware, just a short time ago, just minutes later first lady, jill biden, also walked into the courthouse. hunter biden s trial marks the first time and you this history that a child is sitting president is on trial and at the center of it all is a revolver. biden is charge ....
these two young men are pursuing these careers that have been inspired in part by you i feel so ratify. i mean, there s no greater service and the service to others the engineer that will change your world and the marine that s going to help protect freedom and democracy the twins now thriving after surviving hell and high water, thanks to an undeterred mother here today because he knew. and your tenacity and a compassionate commander that these young men will be game changers. i m so proud of you god s agent was a perfect way describing general honore, a great story are thanks to stephanie eelam well new our of cnn news central starts right now tornadoes, large hail and damaging winds it s all part of the deadly, severe storms that have killed at least 19 people. and it s not over yet, millions more are now in the path of severe weather man under arrest i could have stabbing at least six people in massachusetts, including four girls at a movie theater, will have ....