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chairjerome powell suggested as much. as we approach the end of the year, it s natural to look back on the progress that has been made toward our dual mandate objectives. inflation has eased from its highs, and this has come without a significant increase in unemployment. these are things we want to see. why might the rate hiking cycle has included 11 increases. government data showed inflation dropped from 9.1% in mid-2022 to 3.1% in november. that is above the target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. for wall street the dowjones international average jumped to record close. this is the third time in a row of the central bank decided against another rate hike. for investors satisfied with what the fed has done is when it will start cutting rates? there is a lot to digests in america big questions about whether a cut is likely. we will talk about that than i want to come onto the uk and europe. what is y ....
been on holiday with his mother, who wasn t his legal guardian, and his grandfather. melanie and david batty has been accused of abducting alex, possibly to take them to live on a commune in morocco. back in 2018, his grandmother, who was his legal guardian, spoke to the bbc. been an absolute nightmare, guardian, spoke to the bbc. been an absolute nightmare, wanting - guardian, spoke to the bbc. been an absolute nightmare, wanting to - guardian, spoke to the bbc. been an absolute nightmare, wanting to see. absolute nightmare, wanting to see the grandson that you love so much, might not see him ever again. but she could soon be reunited with his grandson. officials in southern france cy alex, now 17, has been found in the town of revel east of toulouse. in a statement, greater manchester police say offices in oldham are in contact with french authorities to establish the authenticity of the report. they added, this is a complex and long running investigation and we nee ....
are more important than the living. he meant the weight of its bloody past. but it s the last two months and more of killing that have sent palestinians and israelis into new and unknown territory. and here in the holy city, which both sides claim as their capital, they are tense, watchful, waiting. choices lie ahead a cease fire will come eventually. will itjust be a pause before the next war? or will israel and the palestinians decide that the only way to avoid more sorrow and death is to try again to make peace? arabs and jews have contested the land between the mediterranean and thejordan riverfor more than a century. this is hebron on the israeli occupied west bank. do you have many families left here? i can see since october 7th. and this is issa amro, a palestinian activist. since the 7th of october, palestinians who live near hebron s illegaljewish settlement have been mostly under a curfew. so, the army s coming. what do you think they want? intimidation. yea ....
a greater risk to civilians. what u.s. intel is saying about how many are being used. and in about face for the former new york mayor. rudy giuliani backing down from testifying at his defamation trial. closing arguments underway as we speak. following these major developing stories and more all coming here to cnn news central. counterterror agencies have been on high alert in wake of the hamas attacks on october 7th and the ongoing war with israel. today, officials of several european countries have made terror-related arrests. details are still coming in, but here is what we know as of right now. german authorities say they have arrested long-standing hamas members for an alleged terror plot. officials in denmark have apparently made what they call unrelated terrorists. let s bring in cnn s fred pleitgen in berlin. there are so many moving parts here, it s a little confusing. tell us what we are learning from germany about all of this. reporter: first of a ....
[cheers and applause] greg: yes, i agree! i agree! happy wednesday, everybody. so every now and then you see something that captures why things everywhere seem to be falling apart these days. no, not just that i m talking about a theory called chesterton s physicians. the rule is never destroy a fence change a rule or do away with a tradition until you understand why it was there in the first place. i would also add removing a breast implant. wow, dead crowd tonight, huh? tyrus: not a lot of breast implants. greg: that s good advice on par with don t poop where you eat which is why joe biden no longer has lunch in the oval office. you don t deserve that joke. but chester top s rule goes to the heart of all this chaos. many social constructs that have held things together really come down to fences, metaphorical and literal. fences and rules packed by western values that helped preserve order and make for a good life. it wasn t perfect, but it was a hell of a lot b ....