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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 ...

talked about what has been thus far but also talked what is to come. >> what is to come. heres the quote, clark decided - its like a movie. >> you know, like mussolini or something. >> yeah. >> sort of like al haig. no disrespect. you got to know whether youre a utility, infielder or cleanup -- >> like the justice department. >> he decided theyre going to take over the justice department. theyre going to wipe out everything. >> and trump. >> they call in rosen -- is it donahue -- >> ye...

the padres playing great as well. such a great division. >> can you believe the angels collapse? >> yankees initiated that and sent them into a tailspin. >> really? >> they lost 12 or 13 in a row before they finally won. loaded with talent but struggling a bit. >> stock futures are on the rise as investors anxiously await the federal reserves action to tame surging inflation. this as president biden lashes out at republicans for blocking his economic agenda. msnbcs stephanie ruhle will...

class. there is either extreme rich or extreme poor and the rest of us just kinds of fall through the cracks. >> it is exactly those kinds of voters that democrats and the white house are trying to reach. we heard the president just yesterday insisting that americans should trust that he has a plan to help working families. but those families are feeling frustrated and overwhelmed. and, in fact, we saw a little of president bidens own frustration in a letter today where he lashed out a...

christina, let me start with you with nuts and bolt, where do things go from here and what were seeing in the market so far. that had been a question mark. >> i guess i should reference your song. "i saw the sign." they saw the sign the fed was going to hike. the markets are reacting positively at the moment. the dow is up 1%. youre seeing the nasdaq in positive territory. the s&p 500 in positive territory. the concerning point is jerome powell, the chair fed is speak and they changed ...

next month. that visit coming as his administration is facing mounting pressure following record inflation and, of course, a surge in gas prices. president biden spoke about the trip at the joint base andrews in the last hour. take a listen. >> everything im doing in the middle east, lays it all out, im focused on labor -- >> all right, the president there also the major story were following this morning, the january 6th committee set for another public hearing tomorrow morning. it was...

the presidents visit comes as his administration is facing mounting pressure following this, you know, 41-year inflation high that were seeing and a huge surge in gas prices. the nations national average for gas, $5.02 a gallon now. all of this as a key inflation measure slowed slightly last month. >> also this morning, the white house is now confirming that the president will be traveling to the middle east, specifically to israel and saudi arabia, in july. were also learning his visi...

justice samuel alitos home demanding the court uphold roe v. wade. >> how many times? >> the january 6th meeting will not be referring criminal refers to a trump or anyone. >> its more like messaging than it is a real investigation. >> puts an exclamation point. >> the golden state warriors are one win away from getting on the championship throne. ♪ ♪ ♪ ♪ >> isnt that a gorgeous shot of fire island new york on long island? you cant drive a car there. everybody walks and ride bi...

their concerns were about the presidents eight and potential liability if he runs again in 2024 pick apart the white house says it is a go. the press secretary had this answer when pressed by our own peter doocy. >> the president has been asked that question many times and he has answered it. s answer has been simple, which is yes, he is running for reelection. >> kayleigh: the press secretary seemed taken aback when asked about 2024 on cnn. >> does the president have the stamina to co...

stolen by fraud. >> that was testimony from former attorney general bill barr, played during the second hearing into the attack on the capitol, saying donald trump was detached from reality, as he tried to overturn the 2020 election. we will have the key take-aways from day two of testimony. plus, after yesterdays intense sell-off, stock futures are in the green so far this morning. as investors brace for a larger than expected interest rate hike. well have the latest read on the eco...