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CNN CNN Newsroom With Fredricka Whitfield June 4, 2024 15:41:00

Inches of rain, something that forecasters have been calling for for the last several days. they said all along that this was going to be a rain event and it has held firm. right now, here in the city of fort lauderdale, just under 8 inches of rain over a 24-hour period. the forecasting right now shows that a lot of the worst of the weather is going to move out of the area later on this afternoon into the early evening hours. so right now, it s just trying to get a lot of folks away from some of these blocked roads, which as you can see behind me, they re not really taking a whole lot of they re not heeding the advice, which is you want to avoid areas that might have some of this record number of flooding. fredericka? some might regret it later because at a minimum there will be a lot of totalled cars after this storm. carlos suarez, thank you so much. the big question right now, how much longer will this storm system cause disruptions. for that we bring in meteorologist tyler ma ....

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This Is Why Recasting Ezra Miller for 'The Flash' Is Not an Option for Warner Bros.

Warner Bros. is apparently too far committed with the upcoming first solo Flash movie to consider recasting the actor, despite their mounting legal issues lately. ....

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CNN CNN Tonight June 4, 2024 05:44:00

Understand. janet yellen noted on the prices going up on everything. katherine, it is a little dispushing to hear someone like janet yellen saying she got it wrong. how did she not know? look, if ja janet yellen. she s not alone. if you look back at what the peds kwus forecasting and what wall street economists were predicting. omost of them with loud exceptions may expect we have a shortstop top of it would be transitory and it will come back down. that did not happen and as the year we are on last year. ....

Ja Janet Yellen , Peds Kwus , Wall Street Economists , Shortstop Top ,

CNN CNN Tonight June 4, 2024 01:42:00

The fed. she s not alone. if you look back to a year ago, what the fed was forecasting, what wall street economists were predicting for the path of inflation, most of them with some very loud exceptions, were expecting that we might have a short pop of inflation and then we heard this word all the time, it would be transitory. and it would come back down as supply chains normalized. that obviously did not happen. and as the year wore on last year, it became more and more evident that many of the assumptions behind that forecast were much too optimistic. then as the treasury secretary mentioned in her comments that you just played, there were also an additional series of unexpected, unpredicting and possibly unpredictable shocks, things like the war in ukraine, disrupting energy and food markets, for example. avian flu that s affecting egg ....

Wall Street Economists , Supply Chains , Treasury Secretary , Avian Flu , Egg Prices , Food Markets ,

CNN New Day With John Berman and Brianna Keilar June 4, 2024 11:31:00

This. look, i think the consensus last spring was wrong. the consensus didn t see the overheating risk. i ve been wrong plenty of times in my life, but i did see that there was a very substantial demand pressure that was building and it seemed plausible given that that there would be bottlenecks, but i think in fairness to secretary yellen and in fairness to the federal reserve, what they were echoing was a consensus view of economists at that time. that consensus has turned out to be wrong and i think that does require some rethinking of conventional models among the economists who do these forecasting, nowhere more important than the fed, which is why i talked about the need for some institutional soul searching there. but i think the important issue is looking forward and i was ....

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