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inflation as bizarre. this as the dow takes another plunge. we have fox team coverage. susan li in new york tells us what's going on with the markets. white house correspondent peter doocy starts us off tonight. good evening, peter. >> peter: good evening, mike. in the president's first interview of any kind with a reporter since february and first print interview since may of last year, he says he thinks the reason that people are upset from this country right now is the pandemic and he says he does not believe a recession is inevitable. >> tackling inflation is my number one priori...

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...

horrific state of mass shootings including racist attack in buffalo, new york and massacre of 19 children and two teachers at grade school in uvalde, texas, any new legislation would need at least 60 votes to pass in the senate and simple majority in the house. associate editor of the wall street journal and fox news contributor john busse is standing for analysis but first we go to lucas tomlinson with breaking news. lucas: moments ago the white house putting out a statement from president biden saying that this is a proposal, i want to thank chris murphy especially cornyn synema, t...

through the senate. we have fox team coverage with alexandria hoff and lucas tomlinson. reporter: the framework is significant in its own right coming to the point in agreement that has not been reached in decades. a statement from the group reads this, quote, our plan increases mental health resources, improves health safety and support for students and helps ensure dangerous criminals those who are adjudicated as mentally ill can't purchase weapons most importantly plans to save lives while protecting constitutional rights of law abiding citizens. it has billions more for mental he...

this framework deal comes after a devastating string of bass shootings and country including a recent attack at a shooting in buffalo and at school shooting in texas. putting the bill on the floor as soon as possible once it is finalized. ten republicans have signed onto the framework that would be enough to reach the 60 vote rush holt needed to pass if all 50 democrat senators also support it. >> they are working on that. alexandria hoff has what is included and how both sides are reacting. >> the final bill has not yet been written. this is significant in its own right coming to a ...