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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...

versus what lawmakers are willing to do. i'm going to talk to a key republican negotiator next. >> and the fbi stepping in after an overnight arrest near the home of supreme court justice brett kavanaugh. we'll have the latest on the shocking threat. >> plus, pro golfers putting their reputations on the line for a paycheck. some say is blood money. ready to key off with saudi arabia's new lead, ignoring the country's record on human rights and the murder of a "washington post" columnist. >> welcome to "the lead." i'm jake tapper. we start with the upsetting testimony describing the h...

in ukraine a russian solider pleads guilty to killing an unarmed civilian in the first war crimes trial of the conflict. we have a special report on the taliban's vice and virtue enforcers who have returned to the streets of cable. tonight with the context, former conservative ministerjustine greening and democratic strategist mary ann marsh. hello. welcome to the programme. inflation has hit a ao—year high. figures out today showed the rate at which prices are rising jumped 9% in the 12 months to april, up from 7% in march. that is driven by the cost of household energy that rose ...

Allison kostick is at the new york stock exchange. >> reporter: we're seeing green arrows across the board. the fed's decision coming in line with what the market wanted. there was this growing chorus calling for j. powell to get tougher on inflation and powell looks to have done that today by raising interest rates. looks like the fed is responding to may's hot inflation number, something that was the last straw for the s&p 500 to enter a bear market. it's down 20% for the year. the nasdaq has been in a bear market as well, down 30%. many say powell has been behind the curve and slow to act o...

Months to come. hat already that but even more in the months to come.— months to come. not a problem confined solely _ months to come. not a problem confined solely to _ months to come. not a problem confined solely to the _ months to come. not a problem confined solely to the uk. - months to come. not a problem confined solely to the uk. and l months to come. not a problem confined solely to the uk. and i | confined solely to the uk. and i want to show people just how hard it is hitting consumers in the united states i have got here some of the figures in gas prices at the pump. you will se...