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from its peak of 9.1% in mid 2022 tojust 3.1% in november. that is above the fed s target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, for wall street, all three major markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? that s happened in the us overnight. i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. i think this is a very good question on what we have seen during this business cycle is that the fed and the us rates tend to lead other markets so that is one way we can take signal from what s happening here. there has been enough progress on inflation that makes the fed feel c ....
has been no evidence of what he claims is an inside job, even though he makes that claim time to get. it wasn t long ago that the man who was convicted for crushing that metropolitan police department officer inside the door was convicted. i think it s just an insult to those officers who were in hours long battles with rioters that day. to say that s right in many many many of them have admitted. this they ve not just been convicted, but they also said yes this is what happened, i was misled, i went there and i did this. so he s even saying to the people who were convicted, and admitted it he s saying, no you re wrong, that can t be true. what about, one thing that he always turns to when he s talking about january six and he s pushed, as abby was pushing him for the facts on what he was saying. is to michigan governor question whitmore, in the attempted kidnapping of her. what are the facts of what he said there. was it true? what are the facts there. it s tru ....
the near miss. what the pilots had to do. first tonight, that deadly confrontation in front of witnesses on the streets of new york. police trying to arrest a suspect barricaded in. the suspect then opening fire on police. aaron katersky on the scene. this powerful storm system moving east, heavy snow and flood threats from colorado straight over to florida. then right up the east coast, the i-95 corridor, from d.c. to philadelphia, to new york city. rain, snow, damaging winds. and rob marciano timing it out. this close call on the runway. the video showing a jetblue passenger plane pulling up sharply during takeoff to avoid a head-on collision. how he did happen? the high stakes meeting in israel. president biden s national security adviser jake sullivan urging prime minister benjamin netanyahu to scale back the assaults on gaza. netanyahu s response tonight. james longman standing by in israel. meantime, the terror arrests. multiple countries. the hamas thre ....
alert. we are tracking three major breaking stories tonight. now it is official, a formal impeachment inquiry into president biden has been approved by the us house of representatives. now we are now one step closer to accountability. pretty soon, biden could be the fourth president in american impeached by the house. meanwhile, good news for donald trump. this afternoon, a federal judge paused. the doj days witch hunt against trump pending a decision on the former president s immunity claims. and now democrats hope for a trial the day before super tuesday. that whole well isn t real jeopardy. we have a full report tonight straight ahead. but first, a sob story on capitol hill today. hunter biden wants you to know that he s a poor, helpless victim of what is a new, vast right-wing conspiracy and that neither he nor his father should ever be held accountable pretty much for anything. today, hunter was legally required to attend what is a closed door deposition insi ....
to ease rising prices. data you may recall this week showed a drop from its peak of 1.9% in mid 2022 tojust 3.1% in november. that is above the beds target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, wall street, all three major markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? investment firm t row what happened in the us overnight? i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. i think this is a very good question on what we have seen during this business cycle is that the fed and the us rates tend to lead other markets so that is one way we can take signal from what s h ....