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a move that was expected. the cost of borrowing is now at its highest in 16 years, but is the fed finally done with rate hikes? the bbc�*s samir hussein reports from new york. inflation remain steadily high. to try and get the cost of living back down to more normal levels the federal reserve, america's central bank, has raised interest rates ten times in a little over a year, and now it seems it may be ready to perhaps take a pause. the committee will take into account the cumulative tightening of monetary policy, the legs with which it lacks inflation and economic and financial d...

a move that was expected. the current cost of borrowing now sits at five to 5.25%, the highest in 16 years. but is the fed finally done with rate hikes? the bbc�*s samira hussain reports from new york. inflation remains stubbornly high to try and get the cost of living back down to more normal levels. the federal reserve, america's central bank, has raised interest rates ten times in a little over a year. and now it seems it may be ready to perhaps take a pause. the committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy af...

vow to fight on. "we won't give up bakhmut. we will hold on until the very last. glory to ukraine, death to the enemies." and the wagner boss in an audio message, acknowledges the ukrainians aren't budging. >> translator: the ukrainian army is throwing extra reserves into bakhmut and trying to hold the town with all their strengths. tens of thousands of ukrainian soldiers are repelling the attacks. bloodshed increases every day. >> reporter: wagner mercenaries are the spearhead of the invasion force. he claims they're making progress but often lack the ammunition to advance. >> trans...

left spending agenda with one advisor telling politico, quote, the biden administration doesn't understand that the only thing people care about is the inflation, gas prices, and the economy. of course there's no messaging and they don't have any idea what the message is. they are living in lala land. kirsten synema has agreed to back the bill saying we have agreed to remove the carried tax provision, advance manufacturing, and boost our clean economy in the senate's budget reconciliation. biden saying we've taken a step towards reducing inflation and the costs for american families....

crisis firsthand. >> mayor adams declared an emergency in response to 4,000 asylum seekers coming to new york city over the past three months. he says they are straining the city's shelter system. but, according to governor abbott, that is nothing compared to what texas is dealing with. >> public officials across the country, they do need to realize the magnitude of the chaos created by biden's open border policies. they're up in arms about a few thousand people coming into their communities over the past few months? listen, in any one sector in the state of texas, we have more than ...