Federal Reserve Interest Rates, Reports Reveal Iran War Costs, Kennedy Center Closure
The Federal Reserve is expected to raise interest rates for the first time in three years as the Iran war pushes inflation higher and borrowing costs are already climbing. Two new government reports put the cost of the Iran war at more than $30 billion and reveal extensive damage to U.S. bases and growing strain on key weapons stockpiles. The Kennedy Center board voted to close the building for renovations after a federal judge again blocked President Trump’s name from being added, while Trump s
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Federal Reserve Interest Rates, Reports Reveal Iran War Costs, Kennedy Center Closure
Welcome to the program. I'm your host.
Welcome to the program. I'm your host.
0:00Today we look at the major stories shaping the news cycle.
Today we look at the major stories shaping the news cycle.
0:04We start in Europe, where leaders met in Brussels.
We start in Europe, where leaders met in Brussels.
0:09The summit focused on energy policy and migration.
The summit focused on energy policy and migration.
0:14Reporting from the ground, our correspondent has more.
Reporting from the ground, our correspondent has more.
0:19Thank you. The mood here was tense but constructive.
Thank you. The mood here was tense but constructive.
0:24