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we have new developments today both sheriff deputies taken off duty in addition to the five cops charged with murder in connection with tyre nichols s fatal encounter with police. with me now is the shelby county district attorney whose department is prosecuting these five cops. thank you for joining us. can you talk to us about your reaction to these sheriff s deputies now? i can t really speak about those details because there is an ongoing investigation and a pending prosecution. we know there were two deputies that came on the scene afterwards and they have been relieved of duty pending administrative investigation by the sheriff department. it is important to note that administrative investigation was entirely separate from any investigations that we are doing with the district attorney s office. why is a sheriff just now reviewing the video? the statement says having washed the videotape for the first time tonight i have concerns about the deputies who appeared ....
spending. and let s begin in washington, d.c., where the federal reserve has just announced its latest decision on interest rates. economists predicted an eighth straight rate increase as the central bank tries to tamp down inflation without causing a recession. matt egan is inside the federal reserve. what s the decision? reporter: 25 basis points, the fed just delivered its eighth straight interest rate hike, lifting interest rates to the highest level since 2007, all part of the fed s quest to get inflation back down to healthy levels. but importantly, the fed is dialing back the pace of these interest rate hikes. going from 75 basis points this past summer and this past fall to 50 basis points in december, to this more traditional move of 25 basis points today. now, this was widely expected, widely telegraphed, and yet, it is a significant strategy shift, nonetheless. the fed is still trying to slow this economy to cool off inflation, but they ve gone from slammin ....
katy tur. here we are again, another fed meeting and another expected rate hike. we re going to get to the number in just a second. it is expected to be a quarter of a point. we re going to see how the markets react to that because they have been on a relative upswing and we re wondering does that trend continue? we are also watching as you well know, memphis. the funeral for 29-year-old tyre nichols is today. and supposed to begin right about now. weather has been delaying it, so we ll go there as soon as it does start. but again, there is breaking news from the fed. just confirmed, they are raising it, interest rates, by a quarter point. joining me now is nbc news business and data reporter, brian cheung. a quarter point, what can you tell us? the nation s central bank, the steward of the u.s. economy raised interest rates by .25 percentage points in their meeting today, after some encouraging news we had gotten in previous weeks that inflation was coming down. was ....
run. plus, more than 12 million people are facing ice storm warnings as the deep south gets hit with a deep freeze. hundreds of flights cancelled, roads covered with ice. it s made traveling dangerous and it s contributed to at least six deaths. but we begin in memphis where starting an hour from now, the funeral for tyre nichols will attempt to take the focus away from the horrific images of his brutal death, and instead honor his life and the man his mother called a quote, beautiful soul. mourners have begun to arrive right now at mississippi boulevard christian church, less than 20 miles from where the 29-year-old lived and died. his death, the latest rallying cry for a nation sickened by watching the same images play out on police body cameras again and again. the fact that george floyd s brother and breonna taylor s mother will attend today s funeral, underscoring the sad truth that past calls for change have gone unfulfilled. reverend al sharpton was asked ear ....
Owned by one of the real housewives is involved . It was devastating being with michelle after her son 27yearold Aaron Anderson was brutally murdered in paterson last week. You can see pieces from a makeshift memorial, michelle said she knows her son is gone even though monday at noon police have not identified victims. I call him every day, hoping the phone would ring, but its not. Thursday her son dropped off his friend, chris. At the airport, chris is son of kim d did say that one of the victims had wire going, e knows had a wire in h how she k, they thought him, when he didnt, that assaultall i got. I dont know if he put a hit o. Yeah, jealousy, my sone. Reality tv star, on her instagram, i a hbled by outpouring of love and support, our deepest doe te that itthe family. With son it could have hadto to do with the son snitching. Right now they are putting pieces together of a really big puzzle. That is a thing she keeps hearing ....