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CNN CNN Newsroom July 7, 2024

historic inflation. the decision will likely produce ripple effects on your personal finances and the economy in the months to come. cnn s matthew gin et joins us. we ve been awaiting this decision, what has the fed said? 75 basis points, the fed just delivered another massive interest rate hike, designed to put this inflation fire out. that means higher borrowing costs. this is the fourth straight interest rate hikes. this is historic. we ve never seen drastic actions like this under janet yellen. we never saw this from ben bernanke, or even alan greenspan. you have to go back to the early 80s under paul volcker. i think this says how stubborn the inflation has been. the fed s statement, which is watched very closely, is basically identical to last month, except for one key part. the fed reiterated that ongoing interest rate hikes are likely to be appropriate, but they added that this is going to be the case in order to get policy restrictive enough to get inflation ....

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BBCNEWS Breakfast July 7, 2024

good morning from birmingham wholesale market. i ll be getting reactions from traders. we ll speak to the parents of teenager harry dunn after their three year battle for justice which yesterday saw an american woman plead guilty to causing his death by careless driving. steven gerard is sacked by aston villa. he lost his job, after villa s defeat at fulham last night, with the club 17th in the premier league. and it s the final day for the children in need rickshaw challenge team. we ll be with them as they set off on the last leg of the journey. hopefully much drierfor hopefully much drier for them as well and certainly a dry day for eastern areas compared with yesterday. heavy showers in the west. details on that and your weekend forecast coming up here on your friday morning edition of breakfast. good morning. it s friday 21st october and i m outside number 10 downing street. liz truss moved into this famous building when she became prime ministerjust six weeks ago. ....

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BBCNEWS Outside Source July 7, 2024

one of her new songs, replacing a word after disability campaigners raised concerns about the lyrics. we start with the war in ukraine. a ship has left the port city of odesa for the first time in months as part of a landmark deal with russia. it s carrying over 20,000 tonnes of grain. this is the moment it finally got going. remember, ukraine is known as the bread basket of europe . many countries depend on it for grain. lebanon is one of them that s where the ship is headed. the green dot shows where it is right now. you can see that progress is slow that could be because it needs to navigate around mines scattered in the water. let s hear from the un secretary general. today s secretary general. departure is an enormous collective today s departure is an enormous collective achievement by the joint coordination centre set up last week in istanbul under united nations auspices. what we have witnessed today in odesa is an important starting point. it must be the f ....

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MSNBC Katy Tur Reports July 7, 2024

and will be cueing for quite a long time because this does not begin until tomorrow. her lying in state. you can see right here, the folks that lined up and were able to say their final good-bye to the queen in scotland both yesterday and earlier today. it s been a remarkable set of images and just a reminder, this is her last trip home to buckingham palace as well. once she leaves, she s never going to go back. let s bring in molly hunter who s live for us. also, andrew roberts, her british historian. molly, you are buy where those people are lining up right now. what have they been saying about why they got there so early? reporter: that s right. we are in front of westminster. i want to show you where the actual hall is she will be lying in state. it s closest to big ben, but this is the line. 24 hours in advance. i just want to give you a sense. it is raining as you know, you re on the other side of town. people are lining up prepared to wait 24 hours. i met these ....

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MSNBC Chris Jansing Reports July 7, 2024

dixon, all signs point to primary wins. that could be a good sign for democrats who believe far right candidates actually help them in the general election. plus we ll be watching trump s strength being tested in michigan and washington where he s trying to sink three of the house republicans who voted to impeach him after the capitol riot. for the first time since the supreme court overturned roe v. wade, voters will be heard on that issue and we ll get our first real clue as to whether abortion rights will be the rallying cry democrats hope it is. the focus is kansas, where voters will decide on a constitutional amendment that would clear the way for the state legislature to ban abortion outright. so far early in-person voting is up more than 200% from four years ago, but polling shows the vote itself. michael steele is with me. he s former chair of the republican national committee. at the big board, national split political correspondent steve kornacki. good to see ....

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