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you made it. you made it to saturday, april 29th. always my favorite day of the week. good to have you along. i'm victor black well. welcome to "cnn this morning." >> and i feel like it's starting to warm up. >> it gets warm, cools. we're settling in, folks. >> we are. thanks so much for sharing part of our saturday morning with us. here's what we're watching. more than 20 million people are facing severe threats of storms again after parts of the south were pelted with baseball-sized hail this week. the main threat we're watching out for. the president can no longer ignore by not ...

Chief correspondent christine romance with more. >> victor, amara, that's right, the so-called pce, it rose, 0.1% from february to march, and 4.2% on an annual basis. that's the smallest annual gain in almost two years. inflation is still higher than fed's preferred 2% target, but clearly it's retreating from the worst inflation of last summer. it's more evidence that nine rate hikes from the fed are working. the fed has hiked up the target rate from 0% to 5%, to take the froth out of a roaring economy. indeed, the economy appears to be downshifting. at the start of the year, gdp grew just 1.1...