good to be with you. i m chris jansing in for katy tur. as we come on the air, the federal reserve has just spoken. i am told they are raising interest rates three-quarters of a point as the fed hopes to cool off the economy, slow down growth and in turn control inflation. that change can t come fast enough. inflation is at yet another record high, 9.1%, but this key question remains. will it help americans who are clearly hurting? the average cost of groceries has skyrocketed. a dozen eggs, $1.07 more expensive than last year. milk is now $4.15 a gallon, a nearly 60% increase from this time last year and ground beef $5 a pound compared to just $4.56 compared to 2021. gas is now 70 cents cheaper per gallon compared to a record high last month, but for a lot of folks, that is small consolation in the larger picture. we have a lot to talk about and a great panel to talk about it. host of the 11th hour on msnbc and senior business analyst stephanie ruhle, robert herzog and host
justice system. bill: the rap sheet a mile ago. girlfriend accused him of assault and he served two stints in prison and under the los angeles d.a. policies he was let off the hook, put on probation. a year later and we have two dead police officers and a town that is reeling. dana: on the left side of your screen are the two officers. they were both husbands and fathers. bill: they are just two of the more than 150 cops shot in the line of duty this year. at least two dozen shootings were fatal. jeff paul begins our reporting live in los angeles with more from there today. jeff. bill and dana we re getting a better grasp of what happened leading up to the moment when the two police officers were shot and killed. we ve obtained new security camera footage that shows how chaotic the scene was as shots were fired. [sirens and gunshots] in the timeline of this shooting the portion of the video took place there was a lot of gunfire. the officers were responding to a pot
welcome to fox news live i am arthel neville eric sean is off today but we have two other stories were following at this hour. thousands of protesters gathering at the nation s capitol and across the country to push for gun control laws after the rash of recent mass shootings. president biden signing a joint declaration with central and latin america nations to take on the migrant crisis as the search continues at the southern border we have live box team coverage coast-to-coast. bill melugin is in texas, alexandria hawk is in washington from march our lives rally. at alexis make out as the new york city on the soaring gas prices. first we are starting with lucas donaldson but he is life at the white house, hey lucas ricketts hey arthel after the labor department issued the scathing report on inflation saying it s getting worse not better moments ago in los angeles before departing for new mexico president biden continued to blame russian president vladimir putin for the sk
underway. some planning to hit the road are simply set up. president biden says hi prices and inflation are his top domestic priority, here s a live look at the president for he landed in albuquerque, new mexico to get a briefing on wildfires there. alexis mcadams is live in new york city with more. here in new york city at this gas station behind me, nearly $6.50 a gallon. nearly $6.50 here in new york drivers who want to pay that, they don t have a choice. people are trying to get the gas and had to different areas for their summer trip in the past month gas prices have been steady climbing, no surprise drivers hit a new record. this is what people walk up to this morning, not the news they wanted to hear. the national average for regular gas is $5 a gallon, up 60 cents from last month and now drivers pay nearly $2 more a gallon than we already worked last summer. astronomical. hitting our pockets, my pockets. i get it but. [sirens] americans are paying double compare