ends monday rich: molly: rich: nearly 7 weeks after the idaho quadruple murders police have a suspect in custody, 2500 miles from the buddy crime scene. the 28-year-old man arrested in northeastern pennsylvania yesterday morning. hello and welcome to fox news live. molly: investigators say the suspect is washington state university graduate student of criminal justice. they tracked him down as he

drove cross-country during christmas break and continued surveillance for two days before making the arrest. they are looking for a thick knife they believe is used to kill those students. fox news just spoke to the idaho police chief on why he thinks the suspect acted alone. we have live fox team coverage, matt finn with what we are learning about the suspect will be begin with senior correspondent laura ingall in monroe county, pennsylvania where the suspect is being held without bail. >> reporter: we are right in front of the monroe county correctional facility where bryan christopher kohberger is being held in a suicide prevention vest, not on suicide watch but wearing a vest. in the last hour, we have heard multiple reports that he plans to waive his extradition hearing. that is new information we are working to independently confirm. that would mean he would get

off to idaho, his public defender in printed reports, that he plans to prove his innocence, he says he didn't do it, he will deny the charges. we are working to independently confirm that. law enforcement sources here tell us the news of his arrest in pennsylvania settled in after we 7 weeks of searching for a suspect and the grisly murders in idaho. there are many unanswered questions but if you have some new answers we can share with you, police chief in moscow telling us the white elantra was found at his parents house where police arrested the 28-year-old on a fugitive from justice warrant friday morning. if that white elantra is the car, the suspect drove it over 2500 miles from the crime scene to his parents home. >> we truly believe we have the individual who committed these crimes. i tell people follow the

evidence, the evidence will take you where you need to be. just like this one did. >> reporter: they say they are looking for the murder weapon in this case. we will have more from pennsylvania. molly: always brilliant crime reporting with new details. rich: we are learning more about the idaho murder suspect including reports from his youth and his time as a criminal justice student. matt finn is live with more on that. >> reporter: fox news digital has spoken to former classmates and a neighbor of bryan christopher kohberger and some descriptions of the suspected killer is that he's shy, quiet, extremely intelligent, awkward and perhaps obsessive-compulsive. he so strictly vegan he would not use pots or pans used to cook meat. fox spoke to several suspected killer's classmates at pleasant valley high school in pennsylvania.

one describes bryan christopher kohberger as a shy genius and he was bullied and some were creeped out by him. in northampton community college one classmate tells us bryan christopher kohberger was offered, his grades were the best in his high level classes. on the west coast, a neighbor's apartment building says he was quiet and did not seem to do anything out of the ordinary. there is a redit post that has surfaced revealing bryan christopher kohberger was looking to speak with people who committed crimes as part of his research for school and in that unconfirmed post he wrote i am inviting you to participate in a research project that seeks to understand how emotions and psychological traits influence decision-making when committing a crime. since the story of these murders first broke, speculators have been making comparisons of this case to ted bundy and some say bryan

christopher kohberger's mug shot physically were symbols ted bundy. he also stocked and killed college students. they both 20 universities in the state of washington. rich: thank you. molly: we are bringing in legal analyst mercedes colon. the suspect, bryan christopher kohberger, who lived in this neighborhood, he had access but one of the most fascinating things is the amount of time this suspect put into studying criminology, working towards a phd, masters degree, studying psychology at one point. your thoughts on the effort he put into studying this subject and what this could mean. >> reporter: such a great point. happy new year to you and your family. it is interesting especially that report that hasn't been fully confirmed but there's some study out there where he

was seeking participants in that study so what was this? we are going to delve deeply into details that emerge, and where the affidavit is unsealed. was this a social experiment by someone who studied criminology so deeply especially as a phd student, whether he studied some of the worst criminals in history, ted bundy being one of them, that comparison was mentioned moments ago. all these things fit a mold, when you look at a mass killer, someone who is isolated, who had troubled backgrounds, who has been bullied, trouble with interpersonal skills. all those things fit the mold of a composite of those who have been accused of the worst crimes in history. molly: he asked if anyone else was in custody. given what we know about the amount of time he put into

studying, is this someone law enforcement should recognize the possibility that he might be manipulative? >> so true. this is someone, we are talking 7 weeks of extensive investigation, all levels of law enforcement, local, state, federal and you know there is, massive amounts of dna of the individual and individuals they believe are involved with the crime but they have zeroed in on bryan christopher kohberger. in the arrest warrant, we will see some parliament area analysis of the dna that is left, these kids were butchered with a knife, there were defensive wounds as they were fighting off the killer. presumably they knew, they tried to fight for their lives, presumably this individual, they believe they've got the person who committed this crime, his blood evidence was left there, that dna evidence

is so vital and critical to the ultimate success of prosecution of him, if he is the killer, we have to presume his innocence but any defense attorney will start to see, poke holes in it. how was the blood sample selected? was there any deterioration? was there a jump to locate this individual? look at the individual, individuals involved. with that comment, was there anyone else in custody? he will work with defense attorney and say let's start to rope the prosecution by saying others were involved, how could one person commit these crimes when killing four individuals, and start to really weave in all they need to say there is reasonable doubt and he shouldn't be convicted. molly: he might waive extradition and moving back to idaho quicker than he otherwise would. why would the suspect do that?

>> your point is well taken. we've got someone who is very bright, a phd student, studied this extensively, he learned how individuals accused of crimes were ultimately found exonerated of the crimes. think of oj being one of the most high-profile individuals to face criminal charges but this is someone who is very savvy. if a defense attorney speaks to him, do you want to have a prosecution in that location where there has been such extensive media? presumably everyone who would be a prospect of juror would know about this? what he is facing in the trial. these kids, it is a small town, it might be at once an attorney gets involved, they might fight extradition or bargain for a change of venue. they will argue for every way to stop the prosecution from going forward in a location

they feel the due process, he will not have due process because the trial will have been effective with individuals who have a preconceived notion of what took place with those four kids who were butchered. molly: this is not the end of the investigation, it is just the beginning. happy new year to you. >> thanks for having me. rich: catholics are morning pope emeritus benedict xvi who died at age 95 at his residence in the vatican. he surfaced we 8 years until 2013 when health forced him to become the first pope in 600 years to resign. he will lie in state at st. peter's basilica and have his funeral thursday. we have team coverage in london with global reaction. robert moynahan, the editor and

founder of vatican magazine. charles watson, the life and legacy of benedict xvi. >> reporter: it was a rich life and president biden is mourning the death of pope a meredith -- pope emeritus benedict xvi. the president released a statement a short time ago reading jill and i joined catholics around the world and so many others in mourning the pass of touch of pope emeritus benedict xvi. the statement goes on to say he will be rumored as a renowned theologian with a lifetime of devotion to the church, guided by his principles and faith. cardinal joseph ratzinger had been a key advisor earning a reputation as a staunch conservative when john paul ii died, after more than 25 years as pope, it took two days to give the job to 78-year-old

german, a scholarly man who didn't particularly appear to want it. as pope benedict xvi he battled relativism, the idea that is true for one person might not be true for someone else. pope benedict's visit to the united states will be remembered not only for his birthday celebration in the white house, a stop at ground haunt his papacy. >> absolutely -- really cannot be that way. >> reporter: benedict suggested islam could be a violent religion and sparked a global uproar when he lifted the excommunication for four renegade bishops. benedict wasn't a politician.

the pope was above all an intellectual and a priest who was surprisingly well received by the masses. in new york city, cardinal timothy dolan offered prayers for the pope at saint patrick's cathedral. >> we will miss him very much. we are sad. we also praise almighty god for the gift that he was. >> reporter: the vatican has announced pope emeritus benedict xvi's funeral will be held tuesday in st. peter's square. pope francis will preside over the service. rich: thank you. . 27 tributes pouring in from around the globe as religious and political leaders mourn the death of pope emeritus benedict xvi. >> those condolences have been

pouring in from world leaders for 10 hours since we learned of the death of pope benedict. too many to talk about. i will outline a few of them starting with the german chancellor all offshoots who described him as a formative figure of the catholic church, that statement as build rang out, where benedict served as archbishop for a number of years. when benedict took over from pope john in 2005, he became the first pope in more than a thousand years, french president emmanuel macronn said he worked for more fraternal world. at least half of france identifies itself as catholic. less than 5% are thought to attend mass. not want to be left out, russian president vladimir putin praised pope an addict as a defender of christian values,

and his address to the nation. president boudin fashions himself as a defender orthodox christian values, to mediate between russia and ukraine to end the war in ukraine. benjamin netanyahu was sworn in as israel's prime minister two days ago. saying i sent my deep condolences to all israeli citizens to the christian world. a historic visit since 2000 mind and visited auschwitz and paid homage to victims of the holocaust. the first pontiff in 6 centuries to resign from the job. the catholic church has a successor in place and has had for 9 years, that is of course pope francis. it st. peter's square, he met with some of the people who gathered to pray for pope benedict.

he called him a good and righteous man. molly: thank you for the highlights. rich: let's bring in robert moynahan, editor and founder of inside the vatican magazine. any time somebody does something for the first time in 6 decades it tends to dominate their legacy. beyond the pope who resigned for the first time in 600 years, what is his legacy? >> we are only a few hours from his death and i wanted first to say that i appreciated him very much and i don't think most people understood who he was. he was a man oriented towards his own family, who intended to

become a bishop, cardinal, or pope. he had a brother and sister, two parents, came from southern germany and intended to be a theologian and wanted to teach. the professor or the teaching pope, he was called to rome in 1981 by pope john ii and put in an office he never intended to have. and the highest office in the catholic church for doctrine. that is called the prefect of the congregation for the doctrine of the faith. he was the right-hand man of john paul ii as john paul went around the world attracting millions of people and as he dealt with world leaders like ronald reagan, mikael

gorbachev, and the cardinal was handling doctrinal issues the church was facing. and face all the christian church, the anglicans and protestants and also the catholic church. but he actually didn't feel suited to that job but would have preferred to be a professor and teach students and he asked the pope a couple times to allow him to leave the post and become the prefect of the vatican library. that is what he would have liked to do. john paul ii died, there were some votes at that time in 2005 for pope francis but pope francis didn't win that election, they decided to continue with joseph ratzinger, they made him benedict xvi. that was 18 years ago.

he was pope for 8 years and he has been emeritus pope for 10 years. rich: how does that change pope francis? he has been serving as pope with an emeritus pope, does this change the papacy of pope francis? >> it does. pope benedict was a living sign of continuity with what he himself had done as prefect and what pope john paul ii had done. with his passing, francis is standing alone without this very unusual figure of emeritus pope. we never had an emeritus pope in the catholic church before. we don't have any provision for it in canon law, in case another pope including francis might consider redesigning due to old age.

up until this pope, all popes remain pope until they died. francis will have the center of all attention but benedict was true to his promise, he said he would be silent and didn't break that promise all these years. rich: thank you. molly: from hunter biden to the border crisis, republicans promise there will be lots to look into when they take control of the house tuesday. congresswoman nicole mal malliotakis will join us with what is to come in the new year. okay everyone, our mission is complete balanced nutrition.

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molly: president biden making some public appearances during his vacation in the virgin islands including a stop at a restaurant where reporters asked about his 2024 plans. jackie heinrich in a beautiful spot, where the president and his family have been staying. >> reporter: good afternoon. it was back in november the president targeted this week's vacation in st. croix for a conversation with his family about whether he will seek reelection. the first lady's office previously confirmed to fox that she and the biden family are fully supportive. the president said many times that he intends to run again. we are waiting for word on a decision. they didn't give any clues last night. >> have you talked to your family about running for reelection?

>> president biden: there's an election coming up? i didn't know that. >> reporter: we are expecting an announcement one way or another, early in the new year but a recent fox news poll shows 46% of voters would prefer that biden not run again, albeit an improvement from july when the number was 71% saying he should not seek reelection but a wall street journal op-ed said one of biden's biggest challenges in office could work in his failure if he plays his cards right. ronald reagan called inflation accrual tax and thief of the middle class. the issue how to win election in 1980. as absurd as it may seem to voters the president biden seems to run again in 2024 a grand compromise with republicans to unleash the us economy might get him reelected. we've not heard any such compromise with republicans on the horizon. the president hasn't released much of an agenda for the second half of his current term.

what we hear from officials is blame towards republicans for standing in the way of things like canceling student debt and lifting title 42. >> again, i don't want to get ahead of the president. i will let him speak to that when the time comes. >> reporter: other than a golf outing with his son yesterday, we haven't seen much of the president or heard much from his office. same for two statements commemorating the death of barbara walters and pope emeritus, the white house has not shared any plans on how the president plans to ring in the new year. molly: a little suspense that mistry from st. croix, appreciate the reporting. rich: in just three days republicans take the house and steve scalise is detailing the work ahead for his colleagues. he released this letter outlining we ate bills and three resolutions he will bring up in the first two weeks of

the one hundred eighteenth congress the deal with issues like irs funding, energy production, immigration, crime, and abortion. august woman nicole malliotakis joins us now, thanks for joining us. another issue you have been focused on is border security, with title 42 coming in a couple months. what is the house republicans caucus going to do about that? >> we will pass our border security act of america, a critical bill that gives customs and border patrol agents of the tools they say they need to do the job. it would help complete the construction of the border wall which we are paying for but biden won't allow it to be constructed and we give them the training, technology and personnel to deal with the crisis. it is about securing our border. we have to do what we can as a republican conference to use our leverage to push president biden to do the right thing.

we cannot afford to have millions more individuals crossing into the country illegally along with the fentanyl that is killing the american people. that is a priority of ours as well as other things like repealing the irs army that biden wants to put in place, the new 87,000 irs agents. prosecutors must prosecute those prosecutors like alvin bragg who don't want to do their job and so many measures that are critical like ramping up domestic energy production, stopping president biden from raiding the strategic reserves which put us in a vulnerable national security position. rich: we saw this with democrats in control of the white house and republicans in control of one or 2 houses of congress. everybody passes their own thing and nothing gets done. do you think there's an opening for any type of compromise on any of these issues with democrats in the senate and the white house?

>> i am hopeful. this is what the american people are saying they want, they want to secure borders, to see energy independence, to lower the cost they are paying at the pump. they are paying for heat, paying for food. energy is a major driver of inflation because everything requires energy, to manufacture, transport, to refrigerate so it is a major part of why the american people are suffering and we will continue to point that out and to embarrass the senate and the president to do the right thing. securing our border, the american people from all over the country are seeing the impact of this, in new york city we are seeing how it is costing taxpayers a real tremendous amount of money, $1 billion for 30 one thousand migrants that came here. the problem with the issue is they are claiming asylum, 70% when they don't have legitimate asylum cases. the president working with us to address that issue, secure the border, those individuals

who don't have legitimate claims must be deported. it helps those who have legitimate claims. they will speed the process for them. rich: thanks for joining us. >> happy new year. the 27 we are hearing from victims families now the suspect is in custody. their reaction plus what neighbors are saying about the suspect in a live report outside the suspect's apartment in washington state. that is next. replacing thought with worry. but one thing can calm uncertainty. an answer. uncovered through exploration, teamwork, and innovation. an answer that leads to even more answers. mayo clinic. you know where to go.

rich: molly: families of the four student victims expressing relief after police arrested a suspect in the case. detectives are collecting evidence from that man's apartment in washington state and urging anyone with information to come forward. dan springer is live in

pullman, washington on this part of the story. >> behind me is the apartment building in pullman, washington, where ryan kohlberg has been living since august, this is on the campus, we understand it is used mainly by grad students and families here. yesterday there was a lot of police activity has multiple law-enforcement agencies executed a search warrant. the university said that bryan christopher kohberger completed his first term which ended in mid december and that means he was most likely here just 8 miles from the murder scene for at least a month before driving 2500 miles from home in his white hyundai élan for a -- elantra to be with his police in pennsylvania. police have only focused on him

for the last few days. the biggest thing we learned from a police source is genetic genealogy played a key role in pointing investigators to bryan christopher kohberger as their suspects. news of the arrest was a relief to many here but especially the families of the four murder victims. fox news spoke to the father of kaylee goncalves and asked if bryan christopher kohberger was known to the family before yesterday. >> no, we had not. that is completely honest. it was kept under the wraps. the investigation did everything they could do to keep this from the public, keep the jury engaged, do everything by the book and i believe they have done an amazing job of that. >> reporter: right after that interview, he reportedly told abc news the family has learned of a, quote, connection between bryan christopher kohberger and kaylee goncalves but wouldn't elaborate. we don't know if bryan christopher kohberger had been to the house prior to the murders. police ask anyone with information to come forward to

further build a prosecution and we've and we been trying to find people may have known bryan christopher kohberger but it has been tough because a lot of people are gone for the holidays. this is student housing for grad students and some families, fox news did talk to a woman who lives below bryan christopher kohberger, she was going to complain to him about the noise. molly: thank you for the reporting. people will be interested in learning more. thank you very much. rich: tributes pouring in for barbara walters who died yesterday at 93. a broadcast career spanning 5 decades, or many interviews with world leaders and pop stars made walters a celebrity herself, she inspired countless women to follow in her journalistic footsteps. eric shawn has look at their markable life and legacy of

barbara walters. >> reporter: she was a pioneer in television journalism. she was born in boston and exposed entertainment her whole life. she was the daughter of the owner of the nightclubs. >> he could money, he could write. >> reporter: walters's childhood had its challenges, her older brother died at the age of 2, her other sibling, jacqueline, was mentally disabled. she and her mother cared for jacqueline. >> people say i make them cry, the only thing that makes me cry is talking about my sister. >> reporter: walters graduated in 1953, the first break in broadcasting was as a writer and researcher for nbc's today show, she was a working mom having adopted daughter jacqueline during the second of her 3 marriages. at the peacocks network, walters climbed straight up. in 1972 she was the only woman reporter to accompany president richard nixon on his historic trip to china.

in 1974, walters became coanchor of the today show which started her career. just two years later in a surprise move, she joined abc for the evening news. there, she received historic $1 million a year, the highest salary ever offered. >> you know one does not work for money, one works for love. >> reporter: in 1977 another first, the joint interview with egypt's president and his relapse prime minister. she anchored the abc evening news until 1978. the ratings did not match expectations and some male colleagues openly criticized her. one year later, she became a correspondent for the newsmagazine show 2,020. in 1984 was named cohost alongside her today show colleague hugh downs. walters went on to host interviews no one will soon

forget. she interviewed every president and first lady since president nixon and became known for asking questions to which everyone wanted answers. >> why did you kill john lennon? >> i thought by killing him i would acquire his fame. >> reporter: along the way she had a reputation for having the ability to make almost anyone from murderers to celebrities cry. walters's interview with monica lewinsky was the highest rated specialty network history when it debuted. >> you found yourself alone with bill clinton and the chief of staff's office and you lifted the back of your jacket and showed the president of the united states in thong underwear. where did you get the nerve? >> reporter: in 1997, she launched the all women talk show the view which she hosted and produced. or oscar-winning shows, 10 most fascinating people specials were fixtures on the abc network about september of 2,004 brought a end to

walters's run in 2,020. in 2,007 she owned her own star on the hollywood walk of fame, she published a memoir the following year and became new york times's best-selling author. walters underwent heart surgery in spring of 2010, then got right back to work, interviewing president obama on the view that summer. she officially retired in 2,014 but continued making appearances on the network. >> how do you say goodbye to 50 years in television. the good news is i will have time to get botox. now that i'm no longer going to be on the air i don't need botox. >> reporter: winner of multiple emmy awards barbara walters became a broadcast legend, by treating stars as people. in the process she too became a star.

molly: ukrainians prepare to ring in the new year. nate for is live in the ukrainian capital next. try vicks sinex for instant relief that lasts up to 12 hours. vicks sinex targets congestion at the source, relieving nasal congestion and sinus pressure by reducing swelling in the sinuses. try vicks sinex. hi, i'm jason and i've lost 202 pounds on golo. so when i first started golo, i was expecting to lose around 40 pounds and then i just kept losing weight, and moving and moving and moving in a better direction. with golo and release, you're gonna lose the weight.

rich: outgoing brazilian president bothlsonaro may fai to attend the inauguration of the incoming president, he refused to accept is lost in the october 30th election. 's vice president's office says the vp is acting as president. molly: new year's eve bringing no let up in russia's missile attacks on several ukrainian cities. nate foy is live with the latest. >> reporter: just a terrible year is ending in a horrific way. ukraine says russia launched 20 cruise missiles at various locations including here in

kyiv. at least one person has been killed, dozens are hurt and that number is expected to go up. look at this video. missiles started coming into kyiv at lunchtime. this is the second airstrike on the capital city and the entire country the last 3 days but this one feels different, more civilian targets were hit, more civilians hurt. a man is seen standing over his wife's lifeless body. one woman confirmed killed, ukraine's foreign minister says vladimir putin is celebrating new year's by, quote, killing people and he claims russia wasn't even going after energy infrastructure in this airstrike. something we see evidence of when we go on the ground. one of those missiles targeting kyiv sliced through 5 residential floors of this hotel you see behind me. the street where i am standing is covered in broken glass from surrounding buildings as a result of that missile strike, many wondering if this is the

result of inaccurate russian weapons were delivered attempt by vladimir putin to break the will of the ukrainian people as they celebrate this new year's holiday. >> reporter: you see the same motel during the daylight immediately after the strike. schools in the kyiv region were also hit but in wake of this strike, president zelenskyy has a defiant message for the ukrainian people. listen to this. >> translator: this russian missile attack is not the end of the year no matter how much the terrorists want it. >> reporter: president zelenskyy also said vladimir putin is hiding behind the russian people and his military and is burning their country and burning their future. as for new year's eve celebrations in kyiv there is a gathering at the trend station as we speak about a curfew at 11:00. 30% of people don't have power in kyiv as well so by the time

the clock strikes midnight people will be back in their homes celebrating privately. . a more subdued celebration in previous years. molly: happy new year to you. rich: times square will be packed, no covid restriction for the first time since the covid pandemic began. the latest on how the new york police department is working to ensure festivities are safe, that is next. bye, bye cough. later chest congestion. hello 12 hours of relief. 12 hours!! hmmm, ok. not coughing at yoga? antiquing not coughing? not coughing at the movies?! hashtag still not coughing?! aaah. oww! mucinex dm gives you 12 hours of relief from chest congestion and any type of cough, day or night. it's not cough season. the unknown is not empty.

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rich: the countdown is on for the start of a new year and major security plans are underway in times square, police are preparing for big crowds to bring in 2023 with the first capacity celebration since the start of the pandemic. alexis mcadams is there with the story. >> people have been coming here at a steady pace, check it out over the shoulder. lots of people coming to times square because it's one of the largest celebrations in the country tonight. safety is the top priority.

>> thousands of uniformed police officers assigned to regular duties, patrolling all our neighborhoods throughout the streets, subways, and housing developments. everyone moving around the city and enjoying these festivities. >> reporter: we are talking hundreds of thousands expected out here for days, these crews are working to set up this massive event, big crowds expected, the first time since the covid pandemic there are no restrictions for this event. starting at 6:00 tonight, that will be placed on top with one times square, it weighs 12,000 pounds, and 32,000 lights. the ball drop will take 60 seconds as people from all around the world are here to countdown to midnight. there will be increased security presence in times square, federal, local and state resources working to ensure everyone remains safe. expect major street closures

and half a dozen screening injuries for people to get in. new york city's mayor reminding people umbrellas are not in the event. in backpacks, coolers or alcohol. >> you cannot bring it to the safety zone. become knowledgeable of it before hand so you can come in without a problem. >> reporter: that security presence is still on the ground and they expect it to be a fun and safe night. rich: thanks very much. molly: it will be wet but not freezing cold in time square. fox news will ring in the new year from nashville starting at 9:00 pm eastern with the countdown to the all-american new year. do not miss of that. we are back at 4:00 p.m. eastern. rich: the journal editorial report up next. o tried me felt more energy in just two weeks. uhhhh... here, i'll take that. [woo hoo!] ensure max protein, with 30 grams of protein,

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ricardo: the doctor, she was telling us that, ok, the first thing you need to know is that we can take care of this. and then i was told that i wouldn't have to pay for anything. interviewer: thanks to your help, families never receive a bill from st. jude for treatment, travel, housing, or food. so they can focus on helping their child live. join with your debit or credit card right now, and we'll send you this st. jude t-shirt that you can proudly wear to show your support. simone: when you donate and when you contribute, you are saving lives around the world, not just that one child that you see on tv, or that one child that you may know. ricardo: i would say this is one of the best donations you could possibly make. these kids deserve a fighting chance. simone: st. jude saved her life. and it saved us as a family. and for that, we'll be forever grateful. interviewer: please call. go online, or scan the qr code below.

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♪ ♪ ♪ ♪. paul: welcome to the journal editorial report. as we look ahead to a brand-new year end a new set of challenges for the country and the biden administration. i am trent eight would be of the u.s. economy. 2022 was a dismal year for financial markets and your 401(k) with wall street wrapping up its worst year since 2008. amid investor fears they fight to control inflation could push the country into a recession. will the new year bring a