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CNN 5 Things

3 PM ET: Fed interest rates, TX immigration hearing, Chicago lead water & more

CNN 5 Things

CNN

Daily News, News

3.71.3K Ratings

🗓️ 20 March 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

The Federal Reserve held interest rates steady for a fifth time. A judge in the Georgia 2020 election subversion case is allowing former President Donald Trump and his co-defendants to appeal his ruling that allowed the Fulton County district attorney to continue prosecuting the case. A federal appeals court heard arguments about whether to allow Texas to temporarily enforce its controversial immigration law. We have the latest on Congress’s efforts to pass a final funding package to avoid a partial government shutdown. And, a new study finds children in Chicago may be exposed to dangerous lead levels in water. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Asking the right question can greatly impact your future.

0:03.2

So are you working with a certified financial planner?

0:06.2

A CFP professional.

0:07.6

Certified financial planner certification is the standard of excellence in financial planning.

0:12.0

That's why it's got to be a CFP.

0:14.6

Find your CFP professional at let's make a plan.org.

0:18.2

From CNN, I'm a Falma D.K. with the five things you need to know for Wednesday, March 20th.

0:26.2

The Federal Reserve has kept interest rate steady for the fifth consecutive time after holding

0:31.0

a two-day policy meeting this week.

0:33.0

Fat Chair Jerome Powell said earlier this month that he wants to see more evidence

0:37.4

that inflation is on its way to the 2% target.

0:41.3

Inflation rate slowed steadily throughout last year, but remained stubbornly high for things like services and housing.

0:47.0

Powell also said interest rate cuts are on the table for later in the year,

0:51.0

and the Fed likely will not raise them.

0:54.4

A judge in the Georgia election subversion case is allowing Donald Trump and his

0:57.9

co-defendants to appeal his decision to allow Fulton County District Attorney

1:01.8

Fawnee Willis to continue to prosecute the case,

1:05.2

upon the resignation of the case's special prosecutor Nathan Wade, which happened last week.

1:11.0

The move won't pause the prosecution on the case, but will allow for appeals

1:15.1

on the disqualification decision to occur before the trial. An appeals court

1:19.7

will review the judge's decision not to disqualify Willis and decide if it wants to take up the case.

1:26.1

Former President Donald Trump and his co-defendants have argued that a romantic relationship

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