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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024

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 interest rates and fed officials are signaling that even more aggressive steps may be needed to get inflation under control. listen to what jerome powell just said. we anticipate ongoing rate increases will be appropriate. the pace of those changes will continue to depend on the incoming data and evolving out look for the economy. clearly today s 75 basis point increase is an unusually large one ....

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CNN The Lead With Jake Tapper July 7, 2024

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. they raised the interest rate by three-quarters of a percentage point. this will mean higher costs for mortgage loans and credit card bills and auto loans and student loans. federal reserve chairman jay powell says the hike is necessary to cool economic growth so as to get inflation under control, but that could take weeks if not months, and so many american families are struggling right now w ....

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CNN The Situation Room With Wolf Blitzer July 7, 2024

short. we just learned his recorded testimony is expected to be shown tomorrow. and children under age 5 are another critical step closer to getting covid vaccines for the first time. we ll break down the new green light by fda advisers as cases are rising, and even dr. anthony fauci has now tested positive for covid. we want to welcome our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. we begin with the biggest jump in interest rates in nearly 30 years here in the united states. the federal reserve prescribing new medicine for the ailing u.s. economy that may be tough to swallow for so many americans. brian todd is joining us live from outside the federal reserve. brian, this is truly a consequential move aim at trying to tackle soaring inflation. reporter: prices across the board were soaring out of control. the fed needed to do something. now it s a matter how the average american can absorb this. with pr ....

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MSNBC All In With Chris Hayes July 7, 2024

denver riggleman join me tonight. then, myself, i m comfortable with the framework. it s a big endorsement for the bipartisan gun proposal. senator chris murphy is here on that. plus you have the chance to dump these grandstanding losers and replace them with two rock-solid america first champions! it s election night in america, another big test of the trump brand win all in starts right now good evening from new york, i m chris hayes. one of the biggest, most overwhelming themes of the january 6th committee s first two public hearings is that everyone knew the election was not rigged. all of the people around donald trump, other than a select, tiny little few, they all knew there was no big lie. or that the big lie was a big lie, that there was no fraud. they talked about it amongst themselves. some of them even send it directly to trump. but the other big theme is that nobody really did anything about it. none of them stood up and spoke the truth publ ....

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CNN Anderson Cooper 360 July 7, 2024

supporters in the white house. they were telling him, using many different kinds of words, that what he was saying was a lie. he lied in an effort to stop the counting of ballots on election night and to later cast doubt on their validity. and allegedly he lied in pursuit of a quarter billion dollars in campaign donations to a fund he lied about the very existence of, an election defense fund that did not exist. those are the elements of the case the january 6th committee is building against donald trump, and today in the second installment of televised hearings, it was testimony from some of the former president s most senior advisers at the time who actually made that case, including his campaign manager, bill stepien, and the sitting attorney general of the united states at the time, bill barr. as you ll hear and this is from the other or this is the other takeaway from today s proceedings, much of what they had to say to the former president at the time and more ....

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