Point Hikes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

united states and the public. whether trump broke the law by having classified documents at mar-a-lago, the heart of that investigation had the former president suggesting yet another new argument about presidential powers and declassifying documents. >> you're the president of of the united states. you can declassify by thinking about it. >> the doj ruling came hours after that other legal blow for trump. the 222-page lawsuit by the new york attorney general that charges him, don j, eric and ivanka with widespread fraud and ul legal practices that could threatenen the exist tense of...

i am velshi, it is the last time -- hurt in the january six committee. the committee is set to resume the hearings this week, laying out more findings from its year long investigation of the insurrection at the capitol. donald trump is desperate and illegal attempt to cling to power. the next hearing assad for this coming wednesday september 28th. that's one of the afternoon. over the last few days, members of the committee a participated in something called the texas tribune festival in, austin texas. they make comments about their investigation, given hints of what might be to come...

The this concept that concept that this inflation inflation was -- was transitory. now it is so now it is slamming on the brakes. slamming on the we have brakes. we've never had never had three successive three successive 75 basis 75 basis points hikes that point hikes as we've we've had this year. had this year. the fed so the fed has no has no choice, unfortunately choice, unfortunately. , but to raise aggressively. because it is but too -- because it's late. and late. therefore there will be there will be collateral collateral damage. i agree damage. and i agree with with lori, it's very lo...

>> is another interest rate coming? and if so, how soon? >> the next meeting in november, which i think happens to be on election day, as it happens, i will have to double check but i think that's right, another rate hike, even a half point or three quarters of a point and unless somehow the inflation miraculously comes down between now and then which is not likely to do. so yes in november another hike and probably several more after that. >> i mean we used to talk about quarter point here, a quarter point there, when did it get to be three quarters? >> it's been 30 years since we did three q...

About the u.s. economy, what we see on the consumer base and spending and borrowing and credit availability. everything is strong. the capitalization of banks. the reality is, things ebb and flow. the sector is in great shape to support the real economy. you'll see that grow. it's going well. unemployment is low. wages are growing. things like that are good. we have to get inflation under control at the same time. >> neil: maybe the federal reserved a dresses that next month. others are saying it will be a quarter point each fed meeting every six weeks. maybe additional quarter point hikes, ma...