joins me live to discuss the new strategy. and, rebellion, speaker kevin mccarthy s far-right flank isn t happy, and that has messed things up in the house. could a government shutdown be in our future? i am jonathan capehart, this is the saturday show. it has been a rough week for twice impeached, and twice indicted former president donald trump. you re seeing a former president of the united states under the espionage act of 1917. it wasn t meant for this. and act for a crime so heinous that only the death penalty would do. it s one of the most outrageous and vicious legal theories ever put forward in an american court of law. the espionage act has been used to go after traitors and spies, it has nothing to do with a former president legally keeping his own documents. okay, let s be clear. the classified documents, legally did not belong to trump. which is why on tuesday donald trump had to surrender at a miami federal court to face 37 counts of mishandling cl
a full healing of the labor market before he views inflation as being a threat to the economy. kristie how are markets actually reacting to these latest comments from. well the u.s. equities dipped early wednesday morning especially way down by tech shares as a mustard rotated out nervous about any signals on the future of interest rates on bond purchases so excuse fell about 1.2 percent in the morning session while the doubt edged up a little bit about point 3 percent for the past couple of weeks investors have trimmed bets on these tech names that sort of pandemic while adding on shares that were economy economically leveraged companies that should do well as the vaccine roll out progresses and more fiscal stimulus and here s the natural system so right now energy and financial sectors they re leading the s. and p. supply its value so as the economy picks up there s a lot more leverage and earnings growth for cyclical companies however following comments equi search of the
monetary policy with inflation continuing to be in focus while equities sit near record highs fed chair jerome powell spoke following the meeting saying the central bank will keep rates at current levels today the foam see kept interest rates near 0 and maintained our sizeable asset purchases overall inflation remains below our 2 percent longer on objective over the next few months 12 months measures of inflation will move up as the very low readings from march into april of last year fall out of the calculation. however these one time increases in prices are likely to have only transient effects on inflation. the median inflation projection of inform c participants is 2.4 percent this year and declines to 2 percent next year before moving back up by the end of 2023. the committee also said it expects g.d.p. in the u.s. to expand by 6.5 percent this year with growth of $3.00 in 2.2 percent for the next 2 years so for more on all of this and what it means let s bring in a litt
months 12 months measures of inflation will move up as the very low readings from march and april of last year fall out of the calculation. however these one time increases in prices are likely to have only transient effects on inflation. the median inflation projection of inform c participants is 2.4 percent this year and declines to 2 percent next year before moving back up by the end of 2023 the committee also said it expects g.d.p. in the u.s. to expand by 6.5 percent this year with growth of 3.3 and 2.2 percent for the next 2 years so for more on all of this and what it means let s bring in bill but also christiane and former fed insider and c.e.o. of cool intelligence danielle de martino both thank you both for being here danielle i want to start with you what was the takeaway from the fed wednesday and did this mac check spectator or not. it exactly matched my expectations i think he had to be very careful to not use the word patient patient patient which had been one
year before moving back up by the end of 2023. the committee also said it expects g.d.p. in the us to expand by 6.5 percent this year with growth of $3.00 in 2.2 percent for the next 2 years so for more on all of this and what it means let s bring in bill but also christiane and former fed insider and c.e.o. of quill intelligence danielle de martino both thank you both for being here danielle i want to start with you what was the takeaway from the fed wednesday and did this mac check spectator or not. it exactly matched my expectations i think he had to be very careful to not use the word patient patient patient which had been one of the words that we ve gotten used to drone powell saying instead it was funny people on twitter thought i was actually starting a drinking game i said let s count how many times he uses the word transience it with reference to inflation and that really was the message he wanted to convey he wants to get the unemployment rate down to where it is fu