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of the 11th hour, stephanie rule, tom costello with us, white house correspondent carol lee and host of public radio s full disclosure. the news is in, stephanie, three quarters of a point. we thought originally it was going to be 50 basis point but jay powell is in a situation. we are in a serious inflationary environment. normally the fed likes inflation to be around 2% and it s currently approaching 9. so 75 basis points is a big move but it s still tricky because what they don t want to do is move so much so quickly that they push us into recession. but if they don t do something aggressive, prices will likely continue to rise and the economy is suffering for it, especially right around gas prices. this is a big move. it s not unexpected. it s the thing that people have been waiting for. most economists across the board have said this should have happened months ago. markets are going to take this as a positive. robin, it is hard to thread this needle, thoug ....
Administration announced it would expand the wall. President biden today saying, quote, i was told i had no choice because the wall money was appropriated by law under the trump administration. Our team on the border. Also tonight, the battle for House Speaker. Former President Donald Trump appearing to take himself out of the running by endorsing one of his top capitol hill allies, and what Kevin Mccarthy said today after reports he may leave congress. Philippe now a post Tropical Cyclone taking aim at the northeast. A flood watch for New York City. In vermont, the Armed And Dangerous suspect on the loose after the suspicious death of a woman ....
Are getting special support. Some other stories now from sunday. Plastic like cutlery and polystyrene cups. About the ban, and havent prepared at all. Facing financial stress, more than half of uni students are balancing their studies with paid jobs. The Higher Education policy institute, which did the research, people born using sperm or egg donors in the uk who turn 18 is, because of a law from 2005. Matthew and phoebe were conceived via sperm donor. Theyve known since they were two, but only the bare minimum. His, like, build. Eye color, hair colour, age, some of his hobbies. So when we have a conversation at home, hes usually referred to as the colombian guy orjust. Or the dad. And well leave you with 10 seconds of pioneering pipes. Yes, thanks to her tiktok fame, Royal Albert Hall organist anna lapwood has given the instrument a whole new fanbase, and now shes relea ....
Jerusalem and beer sheva. The us said it had made the order out of an abundance of caution due to fears about a possible attack by iran. Earlier the Israel Defence minister yoav gallant told his us counterpart that israel would respond appropriately if it is directly attacked by iran. Washington continues to try to dissuade iran from launching a retaliatory strike following an attack on the iranian consulate in syria last week. I spoke to hugo bachega earlier. For days we have been talking about those warnings that have come from american officials saying the iranian response is a matter of when and not if. I think the most dramatic warning came from President Biden who said a day ago that the iranians were preparing a significant attack. With that warning came also a threat that the americans would respond if there was an attack from iran on israel. And i think there have b ....