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more on all of that later this hour. but first the critical decision set to drop soon from the federal reserve. and cnn business correspondent rahel solomon is here with us. walk us through what is to come in the next hour or so and why it really matters. >> so the expectation is that chairman powell will raise rates about three quurs of a percent. that is not one to one in terms of borrowing costs. we won't see borrowing costs raise 75 basis points. but it does influence all of the categories. so costs will continue to go up. >> and i want our viewers to enter understand what this r...

yes, that investigation goes all the way to the top. and the fed all but certain to jack up interest rates this afternoon. but how big a hike will tell us a lot about the inflation problem. as new numbers on housing and what we're buying spell more economic trouble. up first, the details that point a glaring legal spotlight at the former president donald trump. this banner headline courtesy of the "washington post," the justice department investigating trump's actions in the january of criminal probe. "new york times" adding critical detail detailing the fake elector scheme and i...