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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...

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. ...

televised hearings next week. ryan noble at the capitol with us for the very latest. what are two contempt charges he is facing . >> reporter: so these are reled to the defiance of the subpoena sent to him via the january 6th committee, one has to do with his refusal to hand over documents the committee is interested in as part of their investigation, the other is his refusal to sit in deposition for interview with the committee, both could result in serious jail time and a hefty fine, so far he has been defiant as he was pri was prior to the subpoena issued, he claimed he had execut...

as a massacre was unfolding on the inside. abc news obtained a portion of video that appears to be audio from one 911 operator, relaying information from a child inside the classroom. >> you have a child on the line. he is in the room full of victims. >> cnn has not been able to independently confirm the audio or at what point in the incident it was heard. on friday, the texas public safety director said there were at least eight 911 calls from two callers in the school. pleading for help. investigators now say 19 officers waited outside the classroom where the gunman was for about 5...

speak louder than words can that on tuesday at rob elementary school in uvalde texas, this first priority for every single law enforcement officer in the state did not come first. the awful truth which was confirmed today is that police officers waited to storm a classroom while children were hiding inside and calling 911 for help that would not come. for as long as an hour. now we often here police officers talk about split second decisions. this time, the decision to go into a classroom and confront the shooter took 3,600 of those seconds. a full hour. >> a bit of hindsight from wh...