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blizzard conditions slamming the midwest, blizzards, more than 6,000 flight delays and cancellations and that is just so far because this thing ain t over. temperatures in iowa expected to drop below zero overnight and they have already got a lot of extra snow as we speak. the caucus is now just three days away. we ve got you covered on all fronts with aishah hasnie braving the cold in urbandale, iowa, as candidates are forced to cancel still more events. in west des moines come on the push to get folks to caucus sites despite those frigid temperatures. your world and a frigid world right now. all right, welcome from everybody, neil cavuto. let s get right to it. aishah hasnie in the middle of all of this where i think she is in des moines last i checked, urbandale, i apologize. it s actually a balmy 13 degrees so there is no reason to complain or talk about hangnail s or any of that stuff. go ahead. hey. so let me walk you around this neighborhood in urbandale, ....
things, need a thick skin to be president. sandra: that s all for us. john: the story with martha in iowa starts right now. martha: good afternoon, everybody. via martha maccallum maccallum and this is the story live in freezing, snowy des moines, iowa, the center of the political world for the next few days during the iowa caucuses which happened on monday. today my camping trail interviews with nikki haley and ron desantis coming up on the story. but first, this. the pentagon says that the united states does expect iran-back to houthis will retaliate. that after the united states and allies carried out massive strikes last evening against the group in yemen. take a listen now to this new threat as articulated a short time ago, watch. this rally is the first to condemn this aggression against the republic of yemen last night. it is also a message to britain and the united states of america in particular that they will pay a heavy price for this aggression. ....
he has a full suite of pacificare communications. he is conducting his full duties from walter reed. he is in good condition, recovering well certainly looks forward to getting out of the hospital as soon as he can while he recuperates. he is not missing a beat. neil: the president allowing him to do this and giving him the power to do this, the president stands by him. he has no intention of removing him? not going to speak for the president. i think his words speak for himself. secretary austin remains focused on doing the mission and making sure the nation remains safe. neil: the president s words didn t seem obvious to me, general, so excuse my ignorance. it sounds like by letting him conduct these strikes and follow-up how the strikes were going, with the facilities set up in his hospital room, that the president is indeed trusting him enough not only to carry it out but to keep doing it. i think the president and the white house had made clear that ....
Think you should take too much heart from the fact that you showed that inflation improvement. the good news is, if you take a step back, over the course of the last year, we have had a very substantial drop in inflation, so i don t think we want to get too hung up on any one months report. the measure that the fed looks at, which is the pce deflator, not the cpi, the new months of inflation continued to show good progress in getting inflation down, and that is the thing that got wildly out of control. we had inflation that got up as high as 9%, and now we are down into the 3s and the new months are in the 2s and that is the right direction. neil: referring to personal consumption, known to be a favorite of you and your fellow brainiacs at the fed. austan, one thing i wonder, americans just aren t buying it. the trend, definitely a trend, ....
Retail inflation yesterday, 3.4%, which is still a heck of a lot better than the 9.1% it was running at about 18 months ago but lo and behold, wholesale reflation report comes out, these are the prices before the prices they get to us, and that was showing virtually no growth at all, about a 1% pick up year-over-year, which would technically be below the fed s target. this is way over my comprehension and ability to understand, but fortunately i ve austan goolsbee with us, chicago federal reserve bank president, kind enough to help us out with this. austan, good seeing you. thanks for having me back, neil. neil: no, thank you. today s wholesale report, which to a lot of people kind of evened out the retail report. well, its bad news and there s good news. this highlights there are a lot of good measures of inflation. the bad news is, the producer price index probably the most noisy, least predictive of the inflation measures, so i don t ....