future of the program remains in jeopardy for hundreds of thousands of people that call america home. we ll talk to one of those dreamers later this hour. we begin with the efforts to bring down the skyrocketing prices we re paying for gas, groceries, and many other items. in a few hours from now the federal reserve is expected to announce its third interest rate hike this year. raising a key interest rate by three quarters of a percent. that s the largest increase since 1994. this comes as president biden looks at other steps to try to reduce the highest priced spikes in more than 40 years. the president sent letters to seven energy companies asking them to explain their record profits, as well as a drop in refining capacity helping to drive up gas prices. he also says he s prepared to use emergency authority to increase refinery capacity and output in the near term. the new york times reporting the president is also considering rolling back some of the tariffs preside
lines, the one place we need to watch over the coming weeks is slovyansk. the russians are trying to cut off highways from here and here from izyum. they would like to encircle all of sloev yanks, traple the military there, about where to move back into defensive positions and try to endure. bigger picture as we zoom out, what you re going to see is a decision by the russians about how far to push. initially they tried to come down and bring these forces together, really were stopped and did not have the combat power tone circle this area. they are moving more snux a limited fashion here, but on both sides of this fight hundreds of dead each day. that s what president zelenskyy was trying to emphasize, the amount of casualties both sides are taking. in kharkiv we see fighting. ukrainian military holding off the russians but there s intense combat in this area as well.