Page 33 - Matt Egan News Today

hello again, everyone, thank you so much for joining me. im fredericka whitfield. major breaking news, moments ago the cdcs vaccine advisory panel voted if favor of authorizing the pfizer and moderna covid vaccines for children between the ages of 6 months and 5 years. the white house says those vaccines will now be available in states as soon as next week. cnns miguel marquez has been following this key vote. miguel, this is a welcome moment for many parents across the u.s. and a lot ...

the results was illegal. but they pushed anyway. listen to former trump white house lawyer eric herschmann on his conversation with eastman. >> i said are you out of your effing mind. i was completely blunt. i said youre crazy, youre going to cause riots in the streets. and he said words to the effect of, theres been violence in the history of our country to protect the democracy or protect the republic. >> testimony revealed even after the capitol riot, eastman pushed for delay in cer...

guns in this country. well bring you all the breaking developments from the supreme court as they all happen this hour. >> thats right. also this morning, we follow several economic stories. hours from now, we could potentially see the biggest interest rate hike in decades. experts believe that the federal reserve is poised to hike rates as much as 0.75%. that may cool inflation, american consumers would feel the impact in many other ways. mortgages, car loans, credit cards and stude...

nearly three decades. all, of course, in an effort to slow slowing inflation. in hours, the fed expected to announce raising rates by 0.75. that will make it more expensive to pay for things like a mortgage. the biden administration under growing pressure to do more to avoid a recession. retail sales fell last month. consumers feeling the squeeze from the record high gas prices, inflation and already rising interest rates. lets begin our coverage with cnns matt egan live in washington ...

the prices down. first, what more can we expect with this decision from from the fed next hour? bottom line what does it mean for american families? >> reporter: i think hearing from powell will be highly scrutinized. i think economic projections. we will hear how fed officials are feeling about the state of our economy, not just right now but also for years to come in terms of things like gdp growth, inflation for sure. also unemployment, the battle of the bar here for short is intere...

disastrous showing the biggest spike in consumer prices in over 40 years that the fed felt the need to move fast here to take a page out of the playbook of alan greenspan and paul volker with a very big interest rate increase, and they signaled that more aggressive steps are to come because that official said they are, quote, strongly committed to getting inflation back down to 2%. and given that its nowhere near 2% right now, that does imply more big rate increases to come. as far as ...

years, marking the central banks most aggressive move yet to bring down the soaring costs of food and gas and almost everything else. inflation is not easy. just days ago we learned its at the highest level since 1981. the fed released a darkening forecast projecting more inflation and higher unemployment. joining me now matt egan. we heard from the fed chairman. he signalled more rate hikes. what did you learn? >> reporter: well, victor, clearly inflation is on fire. today the federal...

taking photographs of stairwells and hallways and tunnels and security screening posts. hmm. >> and then the invasion in ukraine hits home for some u.s. families as two americans going missing while fighting alongside ukrainian soldiers. the growing fear these two americans might now be in the hands of the russians. >> welcome to "the lead." im jake tapper. we start with our money lead and a major economic news that will in the short term at least make life more expensive for many amer...

top of the hour on cnn newsroom, good to be with you, im victor blackwell. president biden says that he has a plan to tackle the soaring inflation thats plaguing this country, he says republicans are getting in his way. >> the problem is republicans in congress are doing everything they can to stop my plans to bring down the cost for ordinary families. thats why my plan is not finished, and why the results arent finished either. jobs are back. prices are still too high. covid is down, ...

despite the lawful outcome of the 2020 election and in violation of his constitutional obligation to relinquish power. over multiple months donald trump oversaw and coordinated a sophisticated, seven-part plan to overturn the presidential election and prevent the transfer of presidential power. >> there was also previously unseen video they played from trumps top advisors including former attorney general bill barr. he said in no uncertain terms that he told trump that his rigged elect...