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control. inflation hit 8.6% last month, the hottest inflation since 1981. the fed meets later today. fed funds futures markets are pricing in 0.75 point rate hike to curb inflation. the "wall street" journal reporting the fed is likely to make a move larger than the 50 basis point move a few days ago. a terrible day yesterday, a terrible two days. cnn's claire severe webastian i london. is there stability in europe? >> a little bit more stability today in europe and asia as they continue to sort of digest the falls that we saw those inflation fears out of the u.s. a mixed picture. as...

i'm here with richard follow --. it's 5:00 in new york city and this is the five. >> so let the debate trash talk begin a. joe biden and donald trump are sharpening their attacks as they get ready to meet face-to-face for the presidential debate three days from now and simulcast on fox news pick the candidates are using wildly different prep strategies. sleepy joe is still hold up at summer camp david. the big guy surrounding himself with an army of advisors. a staggering 16 people are helping our elderly man with a poor memory get into top shape. one report claims that joe biden is ...

The events of the past weekend with the bank failures changed that a lot markets actually at one point thought the fed might pause. now with this inflation data today, we get another batch of inflation numbers tomorrow, the producer price index market expectations pretty solid right now, looking for a quarter point rate hike when the fed gets together next week. >> jeff cox, good to have you on the program, thanks so much. we have got new fallout for silicon valley bank. "the wall street journal" reporting the justice department and s.e.c. launched separate investigations into the failure of...

Street yesterday after a fed official says he supports a more cautious quarter point rate. tell us a bit about that and were you surprised considering some of the data we've seen recently that the fed might do only a quarter point rather than a half? >> you also had a we saw inflation last month really spike and might have to go more than 5% then the market seems to have a bit of selective hearing. basically whenever it hears rate hikes may not be as strong that's what we saw yesterday and there was some data that came in this week about data claims and continue to drop obviously good for the ...

All right, $26,500 is how much one of the cheapest electric vehicles on the market costs, the bolt. it promises a range of 259 miles on a single charge and buyers may be eligible for a federal tax credit up to $7,500, much more on the ev market in a moment but looking at markets around the world a mixed monday in asia. european markets have opened lower awaiting european and u.s. central bake decisions this week and euro's own gdp and inflation numbers and leaning down this morning after another strong week for stocks. the nasdaq finished up 4% on track for its best month since last july. a bu...