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this is your well red world. a lot of major averages down on the prospect that we re looking at higher rates down the road. we got our third 3/4 hike in a row with signs that year s end, rates could be a point to a point 1/4 higher than they are right now. we re north of 4%. some wondering if that is enough to deal with inflation that is double that. let s get the read on what happens today and why. jackie deangelis. jackie? good afternoon. this is the fed s fifth rate increase this year. it s the fourth increase in a row. as you pointed out, the third time the market is seeing 3/4 percentage point. the market was trading higher most of the session before the decision indicating they were expecting a 75 basis point hike rather than the full point percentage point that a small group of market watchers thought was possible. then when the news broke about the hike, the fed hikes rates trying to tame persistently high inflation, the economy will slow. consumers and corpor ....
The 2030 Football World Cup will be held across six countires in three different continents, fifa has confirmed. The decision is set to be ratified at a Fifa Congress next year with spain, portugal and morocco as the co hosts. But the opening round of matches will be played in uruguay, argentina and paraguay. Thats to mark the world cup s centenary, as itll be 100 years since the first tournament in montevideho. Our Sports Editor says fifa are bound to face questions about the impact on the environment. Youre going to have the prospect of the teams perhaps from europe Flying Thousands of miles to South America for just one thousands of miles to South America ....
Pictures coming in from that the lead with jake tapper starts right now cnn Breaking News and welcome to the lead. Im jake tapper and we begin today with multiple breaking stories. All of which will have wideranging impacts on the 2024 election and moments from now and florida, former President Donald Trump will welcome the House Speaker mike johnson. To his maralago resort. The two men are holding a Press Conference in which they will discuss. They say election security, though we should note the last time the two teamed up on this issue they worked to try to undermine the 2020 election. So skepticism may be warranted. We are told the two Republican Leaders are expected to highlight the issue of no ....
of him. i feel great sadness for his family tonight and his friends. and i m grateful for the life he lived and what he gave of himself to the rest of us there was no one else like donald sutherland and there won t ever be, again the news continues here on cnn outfront next, trump s favorite judge, about to put jack smith and the hotseat as a judge in the classified documents case faces new questions. since tonight about whether she should step aside. plus the final word goes to trump new reporting tonight on why biden is letting the former president have the last say next week s debate. what is biden strategy? and sounding the alarm tonight, the chairman of the house intelligence committee accusing the biden administration of sleepwalking as putin threatens to put a nuclear weapon in space. obviously, mike turner is my guest tonight. let s go out front and good evening. i m erin burnett outfront tonight. trump s cannon ball. trump s favorite judge, aileen canno ....
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