not the republicans. we will see how this goes. it s heating up. you heard the president ask there about senator scott s comments about him and he shot back there. he also said to peter alexander who asked him about these tariffs that the u.s. slapped on chinese goods, if the president was going to lift those. that s one thing some experts say could benefit the economy. the president there saying that that is something under consideration. also sort of sending it over also to the senate, the fact the senate failed to confirm several of his federal reserve nominees. it s the fed that has the tools some tools to deal with inflation. i want to go to jo ling kent. gas hitting historic highs. electric bills rising. saying nothing of childcare costs. these are the fundamental problems, kitchen table problems
thank you jo ling kent for being with us. appreciate it. a potential fifth covid wave is hitting much of the country right now. a big surge could be on the horizon this fall. the days of free covid vaccines may be running out. right now covid funding is stalled in congress. a senior biden administration official says the federal government does not have enough money to begin contract negotiations with pfizer and moderna for new versions of their vaccines. the official says that could mean vaccines may only be available to the highest-risk people this fall. i want to bring in dr. ebony hilton, associate professor of anesthesiology and critical care medicine, msnbc medical contributor. doctor, always a pleasure to see you. as a doctor, if access to newer vaccines isn t a guarantee for americans who want one, what could that mean? it can mean a disaster. i m not saying that to create
going to have to change their buying habits. reporter: chicago restaurant owner terri evans worries she ll have to pass along the higher costs to her customers, as she tries to expand. it is not an easy discussion because we want to do right by our customers, as well. jo ling kent reporting there. in a moment, steve rattner will be here with his charts to sift through the implications of this raised by the fed. first, a member of biden s council for economic advisers, jared bernstein. good to see you. your reaction to the fed move, is that an appropriate half point lift of the rate, and what is the impact on the economy? the president said weeks ago when he was nominating chair powell for another term that he supported this pivot to tighter monetary policy. the fed is, of course, the first and foremost inflation-fighting institution we have. i was just listening to your playing powell s comments
11.5 million job openings that translates to an unprecedented two job openings for every person who is unemployed for many americans the top issue right now is inflation. to get it under control, the federal reserve is expected to raise interest rates tomorrow as many people are scaling back on spending jo ling kent tells us more reporter: sarah is exhausted by rising prices. it s been difficult. my grocery bills are getting larger. reporter: the single mom in yonkers, new york, started a new job after being laid off in the pandemic but with inflation at 8.5% and an 11-year-old son, what kind of changes have you had to make? we are having less meat less fresh vegetables because they are a little bit more expensive. reporter: in a new online politics in ten shoppers decided not to purchase an item because it was too sprenz or wait until the price went down. major brands are
is the singular solution i trust, adding, this is the right path, i believe it with all my heart the open question is whether users will feel the same. jo ling kent, nbc news, los angeles. tonight, a family demanding answers and filing a wrongful death lawsuit after their son fell from his seat on a 400-foot-high amusement ride sam brock now with late details reporter: tyrece samson s mom called him her personal teddy bear, a gentle giant who left for spring break in late march never to return. i couldn t hug him, i couldn t do anything i don t wish that on any parent any parent my son was tyrece, 14 years old he s been taken away from me. reporter: the depth of pain for mother and father now transformed into legal action. after their son died riding the recently opened 400-foot orlando freefall ride, coming right out of his seat the pair jointly filing a wrongful death lawsuit which names icon park, the manufacturer, and the