Just had the latest reading on the economy there for the first three months of the year. Official figures revealed the economy expanded at an annualised rate of 1. 6 , far below expectations and also less than the growth seen in the final months of 2023. Meanwhile, inflation, which measures the pace of price rises, has increased. At the start of the year, experts had been forecasting a series of Interest Rate cuts in the us so how do these figures play into that crucial decision . Lets talk to our north America Business correspondent now, erin delmore. Erin, the economy is growing but those figures arent as good as expected. It is inflation that is still a big issue . W , it is inflation that is still a big issue . , , ~ , issue . Exactly. Numbers like this like gdp give issue . Exactly. Numbers like this like gdp give us issue . Exactly. Numbers like this like gdp give us a issue . Exactly. Numbers like this like gdp give us a good issue . Exactly. Numbers like this like gdp give us a
It was right on time. Pitch perfect. Thank you. Everyone take note. Yes. Victor is complementing me. Good morning, everyone. Welcome to cnn this morning. So great to have you. Im amara walker. Im victor blackwell. Good to be with you. The United Auto Workers is entering the third day of strikes against three automakers, ford, Ge General Mo and stellantis. The union says they remain far apart in terms of a deal on pay increase and benefits. Former president barack obama weighed in on the strike saturday. He called on the Auto Companies to do right by their workers. Hundreds of Union Members walked the picket lines. They say they are prepared to stick it out in order to get an agreement. Cnns gabe cohen is in ohio with more. Reporter victor, amara, saturday we saw the first small signs of any progress in these negotiations between the union and any of the big three automakers. This after the union met with ford. A source with union telling cnn, we had reasonably productive conversations
morning, including the lest on the temporary truce in gaza. israel and hamas agreed to extend it one more day, but there are signs those talks are becoming more contentious. we ll get a live report from jerusalem in just a moment. also ahead, president joe biden was on the road yesterday pushing his message on the economy, jobs, and the contrast between his administration and former president trump. but he s dropped a key phrase from his speeches. we ll tell you what it is and why he may not be using it anymore. it comes as donald trump continues to rail against a policy that is popular with many americans. plus, we ll take a look at the life and legacy of former secretary of state henry kissinger, who passed away yesterday at the age of 100. along with joe, willie, and me, we have columnist and associate editor for the washington post, david ignatius. white house editor for politico, sam stein. and nbc news chief foreign affairs correspondent and host of andrea mi
with one source familiar tell nbc news that it is all up to israel right now. that there is a tentative deal in place, which is just waiting on sign off from prime minister netanyahu. we have the details on who would be freed and on what conditions in a moment. after all, it would be a major milestone in this now seven-week war and one that could steer the conflict into a new phase. as we speak, netanyahu is said to be in a sequence of meetings with cabinet ministers waiting on a vote from those ministers. there s also context on why the deal is so close right now. yesterday, netanyahu faced serious pressure from hostage families to make their loved ones a first, not second, priority of this war. we have the details on that tense meeting. his first by the way, along with a shouting match in israel s parliament as a far right minister tried to shutdown pleas from a man whose cousin was kidnapped. let s sort out what we know now. joining us from tel aviv is raf sanchez. let s s