taylor greene who is known to spread misinformation and hate speech, she stated she s coming to town. while you are in town be on your best behavior. okay, then, new york city mayor eric adams control yourself. just going right there with that warning ahead of a historic day in manhattan. donald trump, former president, will become the first former president to face criminal charges. we will get a live report from outside the courthouse in just a moment meanwhile, there is new reporting this morning on how the manhattan grand jury is impacting the fulton county da s investigation into election interference in georgia. also ahead, we will break down what is at stake today in wisconsin as voters head to the polls for an election that many are calling the most consequential in decades. that is a huge state supreme court race that has national implications regarding gerrymandering, regarding just the laws of that state, which has become the most consequential swin
the military takeover there. we start in the uk, which has seen the biggest day of strike action in more than a decade, according to the unions, with up to half a million people walking out in disputes over pay, jobs and conditions. among those striking are train drivers from the aslef union impacting most train companies across england. bus drivers in london about 100,000 civil servants from over a hundred government departments. thousands of university staff from 150 universities across the uk. and teachers from the national education union. these aerial images show demonstrators marching past the bbc s headquarters in london. 0ur employment correspondent was with them nearby at whitehall. the scale of this. this is the biggest straight for more than a decade. there has been some sort of talk about, could this be the general strike? it is not that. there are unions who have decided not to strike today. it certainly could be a lot bigger. what s interesting is there are un
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 slamming the
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 at 6.5
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