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friends. it is wednesday, december 27th, i'm willie geist. joe and mika have the morning off. a lot to get to including israeli forces shifting military efforts to southern and central gaza with officials warning the war could take many more months. and hours from now, antony blinken and alejandro mayor kas are set to meet with mexican president obrador. plus donald trump continues to claim he should be immune from any prosecution surrounding his efforts to overturn the 2020 election. we'll have the latest there. also ahead, bus drivers across the country increasingly under attack ...

years, marking the central bank's 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 it's 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 reserve officially called in help for some reinforcements. taking aggressive steps to raise inter...

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." i'm 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 americans. the federal reserve this afternoon doing something it has not done in nearly three decades. ...