is a monster move again, and they have signaled that they are not done and project nag the interest rates are going to be going significantly higher from here, and the message that the fed is trying to convey is clear. they are serious about trying to get stubbornly high inflation back down, but the moves they are making here have lifted the interest rates to the highest level since 2008, and now the fed was late to this inflation fight. they did not start raising interest rates until earlier this years, and they have been forced to play catchup, and that has forced the interest rates to go rapidly higher, and we have not seen three straight moves of a percentage point and we have not seen anything like that since the modern era, and you have to go back to 1981, and this is not a perfect comparison, because that is before the fed publicly announced the fed moves, and what does it mean? it means the borrowing costs are higher, and interest rates and car loans and mortgage rate
the artist formerly known as kanye west, who today announced he is going to purchase parlor. do you know what por lor is? the word might invoke the image of a fancy room or cute little lady sit and sip their tea from good china. but parlor is decidedly not that. parlor is a far right fringe social media platform. and you first might have heard of it around the time of the capitol insurrection, january 6, 2021, because many of the violent rioters organized on parlor. podcast host kara swisher that very day asked one of the founders of parlor if he felt any responsibility for death and destruction to which he said this. i don t feel responsible for any of this, and neither should the platform, considering we re a neutral town square that just add head heres to the law. so, if people are organizing something, that s more of a problem of people are upset. they feel disenfranchised. yes, people were upset and they felt disenfranchised. not long after that interview, apple and
cnn tonight. listen, one of the most catastrophic storms in florida s history, possibly the deadliest, regained strength to become a category 1 hurricane tonight. south carolina is now bracing for ian s wrath sometime happening tomorrow. and the very latest on its track in just a moment. we have yet to learn the full scope of the destruction caused by hurricane ian in florida. but what has certainly come into focus today truly is hard to find words for. at least 17 people have died so far, and that is linked to hurricane ian. president biden warns there could be substantial loss of life, perhaps more killed by a storm in florida than ever before. but it s really too soon to know more. and also too soon to say that the danger has now passed. i mean, there is debris everywhere. there s water everywhere. power lines are down. trees have been shredded. boats thrown on top of one another. countless homes destroyed, entire buildings washed away. fort myers beach took the brunt of
all of this. i m going to get to it. i ll see you tomorrow night. thanks. this is don lemon tonight, and i m in orlando florida, and being here, what s really amazing is the amount of water. as i said last night, this has been a water storm. it s all about the water. it s not about the wind. this hurricane dumped so much water on the state of florida. what you see behind me, these trees are usually under water behind me, so people would normally be walking behind me on this path. but now, if you go there, you re at your own risk. the destruction it s caused here is amazing inland, and it didn t even see the worst of hurricane ian. their whole neighbors, homes, everything people had in the world under water right now. also, it s important to talk about the bravery of the first responders risking their own lives, rescuing strangers, some of them people who stayed in their homes that were at risk. i went out on a small boat with orange county fire and rescue today. we talked wit
strength and it s taking aim at the carolinas, where people now are bracing for the worst. i m john berman in ft. myers, florida. the storm now barreling towards south carolina with 85-mile-per-hour winds. it is expected to make its third landfall in the coming hours near myrtle beach. after seeing the damage in florida, the governor of south carolina says, we know what s coming. so this storm might be the largest natural disaster in florida s history. the destruction here in ft. myers, i m standing in the middle of it, it is hard to comprehend. ft. myers beach, i had a chance to fly over it in a helicopter, much of it flattened. one official there describes the damage as, there s really nothing to come back to. at least 19 people have died from this storm. power is out this morning across the state. there have been hundreds of rescues. the coast guard has been out in force, airlifting people from flooded homes and neighborhoods. sanibel island hit very hard. the storm destro