historic inflation. the decision will likely produce ripple effects on your personal finances and the economy in the months to come. cnn s matthew gin et joins us. we ve been awaiting this decision, what has the fed said? 75 basis points, the fed just delivered another massive interest rate hike, designed to put this inflation fire out. that means higher borrowing costs. this is the fourth straight interest rate hikes. this is historic. we ve never seen drastic actions like this under janet yellen. we never saw this from ben bernanke, or even alan greenspan. you have to go back to the early 80s under paul volcker. i think this says how stubborn the inflation has been. the fed s statement, which is watched very closely, is basically identical to last month, except for one key part. the fed reiterated that ongoing interest rate hikes are likely to be appropriate, but they added that this is going to be the case in order to get policy restrictive enough to get inflation down
going to stand here at not do nothing, even if costs me my life. the san francisco district attorney says this was absolutely political molt investigated. in fact, she is says he told officers there were there were other targets, including a local professor. here s what the district attorney had to say. there were other public officials that were apparently targets of his. and obviously he showed up tess speaker s house first. i think we have seen, just like on january 6th, than inciteful commentary that goes on, what has become, i think accepting behavior of people encouraging violence, encouraging people to take these extreme standpoints and viewpoints, is certainly laying a pathway to this type of conduct. reporter: i was in court