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hovering around 2%. right now, it sits somewhere around 4%. that's certainly better than where it was last year. somewhere above 8.5%. but it is still not good enough. and it's why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may, the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expens...

right now, it sits somewhere around 4%. that's certainly better than where it was last year. somewhere above 8.5% but it is still not good enough. and it's why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expensive to borrow money it...

remains elusive. the federal reserve likes to keep inflation hovering around 2%. right now it sits somewhere around 4%. that certainly better than where it was last year. somewhere above 8% for that but it is still not good enough. and it's why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in interest rate hikes seem pretty likel . ., ' interest rate hikes seem pretty likel . . ' ., likely. in made the 12 month chance likely. in made the 12 month change in — likely. in made the 12 month change in the _ likely. in made the 12 month change in the c...

the appeal that they made? >> well, anderson, one of the first things that the president 's lawyers take on is the idea that he is an insurrectionist, which is something that the colorado supreme court had ruled. they say he is not, that the january 6th attack was not an insurrection, and that the former president did not engage in insurrection. they also say that the congress, not state courts, should be the ones that determine the eligibility for the presidency. they also say that the 14th amendment, the letter, if you read the 14th amendment, section three, it doesn't mention the ...

for the cockpit voice recorder, which could provide crucial clues to what happened. we're waiting for comment about cnn reporting that those lights on the runway were not working. could the plane possibly have just moved a little too far on the runway creating this disaster? >> gosh, who knows? but what a miracle and how incredible those flight attendants. holy -- wow. thanks to all of you for being with us. we'll be back tomorrow live in iowa. iowa. "ac 360" starts now. -- captions by vitac -- www.vitac.com tonight on "360," there's breaking news. the former president tells the su...