years, marking the central bank s most aggressive move yet to bring down the soaring costs of food and gas and almost everything else. inflation is not easy. just days ago we learned it s at the highest level since 1981. the fed released a darkening forecast projecting more inflation and higher unemployment. joining me now matt egan. we heard from the fed chairman. he signalled more rate hikes. what did you learn? reporter: well, victor, clearly inflation is on fire. today the federal reserve officially called in help for some reinforcements. taking aggressive steps to raise interest rates and fed officials are signaling that even more aggressive steps may be needed to get inflation under control. listen to what jerome powell just said. we anticipate ongoing rate increases will be appropriate. the pace of those changes will continue to depend on the incoming data and evolving out look for the economy. clearly today s 75 basis point increase is an unusually large one. from
market where so many of our country s problems were laid bare. he s also had meetings with victims, first responders, community leaders as well. it is decision day for primary voters in kentucky, north carolina, idaho and pennsylvania. all eyes on pennsylvania, and the 11th hour twists and turns. democratic front-runner john fetterman won t be attending his own rally since he s still recovering from a stroke. the republican field is in a statistical three-way tie, including a woman pictured next to proud boys on january 6th. we re on the ground there and have the latest from our steve kornacki at the big board. we just got big breaking news in the last 0 minutes or so. big news for parents specifically of young kids. the fda authorizing pfizer s covid booster for children ages are 5-11. a lot happening this hour because congress held a public hearing on unidentified flying phenomenon for the first time in 50 years. and showcase this video which you see on your screen. wha
so you re covered. on-premise and in the cloud. you can run things the way you want your team, ours or a mix of both. with the nation s largest ip network. from the most innovative company. bring on today with comcast business. powering possibilities.™ voted in favor of authorizing pfizer s covid vaccine for children 6 months through 4 years old. a committee member, dr. paul offt, said children will need a
diligence and unfortunately our children are suffering. let me quickly ask you this before i let you go. there are studies that support if you re mixing and matching boosters, if you get two doses of pfizer and get a moderna booster, it strengthened your protection against covid. does the same apply for 5-11-year-olds. at this point we don t have studies in place to support that. i recommend we follow the science, do what the science has proven at this point. what parents have to remember is at this point 75% of all children have been infected with covid-19. we know omicron ran through that community, that population. will the second infection lead to more serious complications? we have to protect them from that happening. we have to protect them that from that happening. dr. ebony hilton, thank you. appreciate it. right now the number of covid cases is up in 47 states
well know, will be back at the big board to break down all the results in the five primary states. that special coverage starting tonight at 7:00 p.m. eastern right here on msnbc. you don t want to miss it. we ve got breaking news on covid vaccines, everybody. the fda has authorized booster shots of the pfizer vaccine for kids ages 5-11. the cdc still has not signed off on that. we want to go to dr. ebony hilton. thanks for jumping on for us. you have this happening, simultaneously, you have the new york city health commissioner raising the covid alert to high. it s good news, in fact, it seems that the fda has come through and said, all right, time to get your third shot if you re ages 5-11. how critical if you re a parent of a 5-11-year-old, should you be going out and getting that shot? it s extremely critical. with the omicron surge our pediatric cases doubled. one-third of all pediatric