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A lot of the inflation, if you look at it in the us, is really coming from shelter and housing. And particularly you mentioned the cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see . Exactly, yeah, and there is other tools that potential they could leverage, such as reducing the size of the balance sheet, through so called quantitative tightening, and that could push yields up and increase Borrowing Costs which, in essence, has similar effects raising interest rates. A ....
boarding morning. welcome to cnn this morning, it s sunday, june 30th the last day of june. all ready? ready for july? i am so ready for the four? yes, it is coming. i m victor blackwell was able resolve this in for amara walker. here s what we re working on for you this morning. pressure campaigns. the editorial boards of separate swing-state newspapers are calling on both president biden and former president trump to bow out of the 2020 four race for the white house. we are going in depth on all of it straight ahead. the first hurricane of the 2024 atlantic season is now a category two and closing in on the caribbean. meteorologists elisa rafah is here to track the life-threatening wind, storm surge. and if we could see any impact here in the u.s. we are just a day away from a consequential supreme court ruling that could lead former president trump off the legal hook in his criminal cases what are legal experts are watching out for in that case that could res ....
$79 at cardia.com or amazon surprise attack by hamas by land, by air and by sea. october 7, 2023 was a de, the change the world. terrorists the attack by hamas a brutal surprise attack by hamas in israel israel, who s firing back, was followed by a horrific retaliation in gaza now there are fears of a wider war on america has a target on its back the wrong rebels struck us own ship at the center of the fears of a wider conflict is iran it is linked to hamas or hezbollah to the hutus all part of its axis of resistance why is iran at the center of this conflict in so many ways? and why this relentless hostility to america to answer those questions, we need to go back decades and try to understand why iran hates america good evening. i m fareed zakaria iran in the united states, shed deep psychic and emotional scars going back years but none is remembered more by americans than the hostage crisis of 1979 we watched what appeared to be an irrational, furious attack and ....
gathering outside of the church in dearborn michigan today, were donald trump is said to has a roundtable black community leaders. this is he continues making further inroads with voters is bided script of the demographic is slipping. what would ve fox news live in griffin let s do it. a steward let s rock n roll is a president biden lending earlier this morning a central straight from this week s g7 summit in italy to attend a star-studded hollywood fundraiser and in the meantime, kamala harris is taking biden s place as g7 leaders continue to work in ukraine peace summit in switzerland it lucas is live in the white house with more the president busy week hi lucas. president biden skipped into the g7 but is not skipping tonight s big fundraiser nelly. lucas: he flew through the night, to be there and as you mentioned, as vice present kamala harris will be representing the biden administration in switzerland today that ukrainian today peace summit and as you men ....
So whos right . Ill speak to one firm that says things are looking up, but its tough out there. In sport Lewis Hamilton labels Sebastian Vettel a disgrace after the two collide in an action packed azerbaijan grand prix. Coming of age he made his debut just six years ago, now ed sheeran has closed the Glastonbury Festival on the main pyramid stage. And carol has the weather. For many of us today, it will be a fine and dry day with a fair bit of sunshine. However, the cloud will build from the west and we will see some rain in Northern Ireland later this afternoon, heralding an u nsettled this afternoon, heralding an unsettled week ahead. First, our main story. Every single tower block which has had its cladding tested since the grenfell disaster has failed ....