Fed Hiked News Today : Breaking News, Live Updates & Top Stories | Vimarsana

♪ ♪ ♪ >> hey everybody, welcome back. i am yasmin, if you are just joining, us welcome. it is great to see you. if you are sticking with us, we are thankful for that. from texas to california, a growing number of migrants wanting to enter the united states is turning into a humanitarian crisis. can it be fixed? what president biden is saying about it in an exclusive msnbc interview. >> we are in a situation now where 1600 entering the border, if they are not there to enforce the law, they are there to free up the border agents and they need to be on the border, we are having an...

the legal limit, but the tragedy comes the political divisiveness in our country is high. some say president biden's anti-maga platform is making matters worse. >> 75 million people and that is who the mega people were, what do you do with them? what is the logical consequence and you have to do somebody who lives in the shadows and don't leave in the constitution, so you bring out all these nuts and they do something. >> carley: let's bring in nicole bell with this tragic story, i need. >> good morning carley and todd. it is a war story a north dakota man walking free after admittin...

this line from an op-ed might be most telling, not a word president biden said will pardon his party from a reckoning next week. this afternoon he will deliver remarks on student debt relief and heads to mexico to no word on whether he will visit the southern border. >> carley: brooke singman has more fallout from biden's speech, brooke. >> brooke: president biden will avoid the main battleground straights as he heads to new mexico and california, this trip after he blasted maga republicans in a dramatic speech last night. listen. >> president biden: we the people must decide if rule...

Fed hiked interest rates again last week, bringing them to the highest rate in 22 years. despite the high cost of credit, some sectors are booming. for example, construction. average gains of roughly 15,000 jobs a month over the last year. residential construction is especially hot, despite rising interest rates. there's just so little existing inventory for sale. inflation has eased. last month prices were up 3% year over year. that's the smallest 12-month jump in more than two years. it's still higher than the fed's 2% target. >> i'm not here to declare victory on the economy. we have more w...

Personally, 70% of working americans say those paychecks can't keep up with rising prices. most say, at best, financially they're staying in place. but more than one-third say they're falling behind. nearly half, 45%, think the biden administration's actions are increasing inflation. but nearly two in three believe congressional republicans have nothing to show in the fight to tame inflation. the message, millions of americans still feel hard times, while the fed works to stick a soft landing with the economy. mark strassmann, cbs news, atlanta. an american nurse and her child had been kidna...