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>> absolutely not. >> why does anybody in the united states not do something with our current asylum law? if you just stay don't come to the united states -- >> the truth is you apply for asylum legally like they've been doing it for 200 some odd years. i want to move on to "wall street journal" and inflation "wall street journal" said this because the biden administration is taking a victory lap, yet a 7.1 percent increase in prices still a long way from victory an inflation continues to be sticky across much of the economy. food rose .5 percent, much of the decrease came in energy prices whi...

Point, that is suggesting that the fed is seeing signs that inflation is starting to moderate. we've got some inflation data yesterday, as you probably saw, katy, we saw the inflation numbers yesterday were better than expected, running at 7.1% inflation, year over year. and now, that's hot. look at june though. we were at 9.1% in june. that means we were paying 9% more from what we paid a year ago. so now, we're at 7% more than we paid a year ago. and we are still, if you look at the grocery store lately, you know we're paying a lot for groceries, for air fares, for cars, for housing, expensi...

Anderson Cooper takes viewers beyond the headlines with in-depth reporting and investigations.

About this. a couple things. one is that you said it well. we still have 7.1% inflation, which is a terrible number over the last 12 months. since biden came into office, prices are up by 14 to 15%. that's why it's causing hardship for families every time they go to the gas pump or the grocery store. so there's work to be done, martha, to bring these inflation rates down. i think they're not done. i think we're going to probably see at least one or two more rate hikes after this one. now, think about what sector might really be hit hard by rising interest rates. housing, right? when the intere...

Ago. that's 7.1% annual inflation rate is painfully high but it is cooling from the extra $493 a month that they were paying in june when the rate was 9.1%. looking at markets around the world, european markets are up a little bit. the european central bank and bank of edge gland will announce rate hikes. stock index futures are leaning down just a little bit but very indecisive. stocks rallied after the release of a cooler than expected inflation report. the dow is up much more than 700 points. the latest cpi report shows consumer prices up 7.1% last year. still not normal but down from the...