spending. and let s begin in washington, d.c., where the federal reserve has just announced its latest decision on interest rates. economists predicted an eighth straight rate increase as the central bank tries to tamp down inflation without causing a recession. matt egan is inside the federal reserve. what s the decision? reporter: 25 basis points, the fed just delivered its eighth straight interest rate hike, lifting interest rates to the highest level since 2007, all part of the fed s quest to get inflation back down to healthy levels. but importantly, the fed is dialing back the pace of these interest rate hikes. going from 75 basis points this past summer and this past fall to 50 basis points in december, to this more traditional move of 25 basis points today. now, this was widely expected, widely telegraphed, and yet, it is a significant strategy shift, nonetheless. the fed is still trying to slow this economy to cool off inflation, but they ve gone from slamming the
press to win over voters ahead of tuesday s primary. we have the latest on the race there. and cooler temperatures moving in after a wave of record highs. what to expect as we close out the weekend. we re thrilled that you re starting your week with us. it is sunday, may 22nd, amara, great to be with you. it has been great to be with you this weekend. we begin with operation fly formula. the response to a nationwide shortage of infant formula right here in the u.s. the first military flight carrying an emergency baby formula shipment from overseas is headed to the united states right now. the master sergeant overseeing the shipment told his staff, we re literally saving babies. meantime, the ceo of a formula manufacturer is apologizing to, quote, every family we have let down. for weeks parents have been scrambling to find formula to feed their babies. cnn correspondent polo sandoval joining us live now from indianapolis where the formula shipment is headed. hey the
The president raised about tiktok. The new 3d images of the collapsed bridge in baltimore. What they reveal. The american tourists who say their cruise ship stranded them on an island off africa. Their race to get back onboard. Our nbc news exclusive. How a group in a dozen states is bringing the bible to school students. And the School Heroes keeping music alive in l. A. Schools, and the outpouring of support after an oscarwinning film. Announcer this is Nbc Nightly News with lester holt. Good evening and welcome. An unsettled night ahead for potentially 53 Million People living in areas at risk from another night of Severe Weather. Tonight, the cleanup is barely under way after violent weather barreled through parts of oklahoma, missouri, illinois, indiana, and kentucky, Toppling Trees and knocking off power across sections of the midwest and ohio valley. At least nine tornadoes were reported. Tonight, the Severe Weather risk is spreading east, with 41 Million People from the midwest
giving us wet, windy weather but those temperatures will continue to rise for many of us going into double figures. thanks, simon. and that s bbc news at six. now its time to join our colleagues for the news where you are. thanks, sophie. hello and welcome to sportsday. it isa it is a huge night for the england lionesses, but even a win might not be enough for their nations league and olympic ambitions. chris wilder answers the sos call at sheffield united he s returned to try and keep them in the premier league. as manchester united ban some media outlets from their news conference, erik ten hag says he hasn t lost the dressing room. also coming up on sportsday: no ordinary keepy uppy the tricks and flicks that have made this teenager the world s best freestyler. and we meet the volunteer coach and inspiration for children with cerebral palsy. we meet one of this year s unsung hero award winners. thank you for making me an inspiring me to do good for other children. even
to sell the american rescue plan to the american public. see, willie, he s still got it. he can sing! he s still got it. he s you know, mind s working great there. that s a great cover of johnny cash. i would like to see some of his others, maybe. maybe go all the way toward the end of johnny s career. do the full catalog. i like it a lot. good morning and welcome to morning joe. it is thursday, march 18th. let s get straight to the news. the suspect arrested in the murder spree at the three spas in atlanta has been charged. 21-year-old robert long faces eight counts of murder and one count of aggravated assault. police say he killed four people inside one spa, three people inside another, and one person inside a third. officials say he was arrested while on the way to florida to possibly carry out more attacks. six of the eight victims were asian women, leading to speculation that the spree may have been part of a rise in anti-asian hate since the coronavirus p