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On the way in the us, even though the federal reserve opted to leave the cost of borrowing unchanged at its meeting last week, fed chairjerome powell has been giving his twice yearly testimony before congress. he told lawmakers the fight against inflation has a long way to go . samira hussain reports america s central bank has two main objectives maximum employment and price stability. and it s that latter objective that remains elusive. the federal reserve likes to keep inflation hovering around 2%. right now, it sits somewhere around 1t%. and that s certainly better than where it was last year somewhere above 8.5% but it s still not good enough. and it s why the fed chair, jerome powell, has said more interest rate hikes seem pretty likely. in may, the 12 month change in the cpi came in at lt.0%, and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high, ....
Propaganda, unless we hold them responsible for controlling the content, we are not going to get any where with the propaganda campaign. but in terms of the elections themselves and the voting, i m slightly more confident about that, fwlaus is a lt 0 of stuff gone on in the last two years to protect those systems. thanks. outfront next, how will the indictment bombshell impact the congressional probes into russia, i ll ask a member of the house intelligence committee. plus trump visiting florida hospitals. and melania trump ditching the president boarding u.s. one after allegations that he had an affair with a playboy model. ....
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