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Going to be the case. we think the fed defines a moment to pause and then the question is how high, but turns into how long, and we still have these long, and we still have these long and variable lag effects, it will take another four or five months for all the effects of these interest rates to work their way through the economy, and i think we are probably not looking at a pivot until sometime next year. let's get another view. chris campbell is former assistant us treasury secretary, and now chief policy strategist at the risk management firm kroll. nice to see you again. so you have obvio...

Watch. these protests and strikes have sprawled across two and a half months with the opposition widespread right across france to those changes pushed through by the french government to change the pension age from 62 to 64, and there is no vote on the floor of the house, they use a constitutional device being looked at by the constitutional council, that decision is due on the 14th of april but as we wait for that, they have been organising more of the protests to underline yet again their resistance. there were union meetings yesterday but absolute deadlock with the french government insist...

Which is interesting. last year 350 law officers were shot in duty last year. so it is a war. that's what this book is all about. people understanding what that war is. >> matt, you look at this thing and it is not just defunding the police. there are a lot of cities and they regret that. most of those cities regret that because there is chaos in the cities but also taking away police officers' ability to defend themselves. your thoughts. >> you know, it's such a tragic lead-in. it doesn't matter when you talk about philadelphia, boston, san diego or kentucky. these men and women putting it ou...

And ukraine stands. democracy stands. the americans stand with you, and the world stands with you. >> and we have teams standing by in kyiv and in moscow, but we begin in warsaw, poland, president bide listen give a major speech there tomorrow. cnn's phil mattingly leads us off with that. phil? >> reporter: you know, pamela, that speech was supposed to be the corner stone of this entire trip, at least what was publicly known about this trip. that has obviously shifted dramatically, almost as dramatically as the president's visit to kyiv. dramatic in the sense that it was so secretive in nature...

Briefed at a lunch today, nato also knows that europe is being targeted by these balloons. we don't know the relative sophistication of the balloons, but what blinken also said that was so significant is that we have gathered intelligence from the debris, by the hour, as you pointed out in the lead-in. and as well, we are gaining intelligence from what the u2 planes, he didn't say that, i'm saying that, the way we are gathering intelligence on this balloon as it traversed the united states, that is part of their argument, and to tee up ryan, my colleague there, this is what they're going to te...