usfl kicks off today. rachel: between memphis and philly. is that a good pun? will: in practice it looked great. it is one take. will: easier said than done. good chance one of us is shaking that thing. you know it is true. he played college football. will: you go there and how that i messed up? pete: we will find out later on. he wants caught a nice ball on the air. will: your famous catch? do you know will: i didn t know keith through you the past. when i did out and up on a famous defensive back on the show. you kind of look like it. unbelievable. will: don t miss it. a young father. will: you know mike it is a punter. you are doing what i never did. make it to the nfl get paid the lead minimum, 700,000, barely get hit, you have the pressure of a field-goal kicker. so there is one job, 32 jobs in the nfl. got it? rachel: got it. will: so obvious when she checks out, it is. pete: we start with this. president biden back in the us after wrapping up his four days of fun
spending. and let s begin in washington, d.c., where the federal reserve has just announced its latest decision on interest rates. economists predicted an eighth straight rate increase as the central bank tries to tamp down inflation without causing a recession. matt egan is inside the federal reserve. what s the decision? reporter: 25 basis points, the fed just delivered its eighth straight interest rate hike, lifting interest rates to the highest level since 2007, all part of the fed s quest to get inflation back down to healthy levels. but importantly, the fed is dialing back the pace of these interest rate hikes. going from 75 basis points this past summer and this past fall to 50 basis points in december, to this more traditional move of 25 basis points today. now, this was widely expected, widely telegraphed, and yet, it is a significant strategy shift, nonetheless. the fed is still trying to slow this economy to cool off inflation, but they ve gone from slamming the
katy tur. here we are again, another fed meeting and another expected rate hike. we re going to get to the number in just a second. it is expected to be a quarter of a point. we re going to see how the markets react to that because they have been on a relative upswing and we re wondering does that trend continue? we are also watching as you well know, memphis. the funeral for 29-year-old tyre nichols is today. and supposed to begin right about now. weather has been delaying it, so we ll go there as soon as it does start. but again, there is breaking news from the fed. just confirmed, they are raising it, interest rates, by a quarter point. joining me now is nbc news business and data reporter, brian cheung. a quarter point, what can you tell us? the nation s central bank, the steward of the u.s. economy raised interest rates by .25 percentage points in their meeting today, after some encouraging news we had gotten in previous weeks that inflation was coming down. was at 6.5
presidents in the white house medical unit and he was the chief medical advisor during the trump administration. he also served as former president obama s first personal white house physician. in 2020 he ran and looked when a congressional seat in texas. it was during that time that jackson called out the media for ignoring then candidate president biden s gaps in the campaign trail. including this one. have a simple proposition here. i m a year to ask you for your help. where i come from you don t get far unless you ask. my name s joe biden and on the democratic candidate for the united states and the pair looked me over if you like what you see if not give me a look though. that s all i ve really got to say to you. that led jackson to tweed remember the cognitive test that i gave a real donald trump? the one he aced? sounds like some deals might need some duct testing done. scary. jackson writes that within 20 minutes of posting that tweet he received a scathing emai
right now, the nations in the midst of reflection, the second federal observation of the black freedom struggle, expressed by the holiday known as juneteenth. it comes at the start of a potentially dizzying news cycle. starting this week, as the senate holds out hope that a tenuous bipartisan deal, on guns cannot get a quick vote. while the momentum is there after weeks of mass shootings. and one bracing for the supreme courts spending public to take decision on the future of the federal abortion rights, to come down within days. as the white house weighs its options to protect those rights, possibly through executive order. and then there s what will be the third week of public hearings in the congressional probe into january six. the next round, centering on donald trump s pressure campaign put it election officials in georgia. to overturn the 2020 election results in that. state and we re also waiting a hard confirmation that ginni thomas, wife of supreme court justice, cl