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
ever hit florida. homes in fort myers were damaged and destroyed from the surge while both were seen through the streets there. just under 2 million people in florida now remain without po power. dramatic rescues, water rescues, have been underway all day. florida officials say the next 72 hours will be critical when it comes to rescue missions. these are dangerous missions, and i m grateful for the brave women and men, federal, state, and local governments working as one team, risking their lives to save others. this could be the deadliest hurricane in florida s history. the numbers are still unclear, but we are hearing early reports of what may be substantial loss of life. we are surveying the damage right now. some people that evacuated, they are going to go back and look at their homes and see, is there flood damage, wind damage, is it going to be habitable? all of those things, as those happen, we are going get a clearer picture of some of the unique needs that indiv
hour. the category 4 storm is currently barreling across southwest florida with winds up to 150 miles per hour. more than 1.5 million people in the state are currently without power, and that number is growing. but the most imminent and life-threatening concern is the storm surge. some areas seeing 12 to 18 feet. to give you an idea of just how severe that is, a meteorologist for the national hurricane center says no one alive has seen 12 feet of storm surge in that area, and many areas could take years to recover. just take a look at this surge today. the dangers are a reality for many who chose to hunker down and wait out the storm despite the evacuation orders. take a look at what family told nbc affiliate wbbh as their house flooded. so this is ft. myers beach on cutlass drive. it s four of us. four of us? on cutlass drive. and you re on the second floor already? yeah. six of us in here. do you have do you have a roof? 15 feet of water now. there s 15 fe
and if we re wrong, we will be made fools of. but if we re right, a lot of them will go to jail. [cheers and applause] so let s have trial by combat. [crowd clamoring] - when giuliani appeared alongside donald trump on january 6th, what came to my mind was the riot at city hall. [crowd yelling] - [whistling] - they marched around city hall park in a peaceful and orderly fashion, but then, minutes later, thousands of cops stormed through the barricades and ran on top of cars as they charged the stairs of city hall. [crowd cheering and yelling] - people called it at the time the riot of the oppressors. [crowd yelling] a riot of policemen. [crowd yelling] - you have a bunch of off-duty cops. [crowd yelling] - took over the roadway of the brooklyn bridge. jumped on cars. stormed city hall. - saying that their jobs had become too difficult and that they didn t have the support that they needed and they wanted a much tougher hand. crowd: dinkins must go! dinkins must go! -
is only beginning. sandra: for those of us who have lived through hurricanes we know how scary they can be. chief meteorologist is with us tracking the storm and the latest tally on some of the winds that are being reported across that state. what are we seeing, rick? so far, john, i m glad we had the video that popped up from 2017 up in jacksonville, because jacksonville is going to get storm surge again from this storm, which is pretty hard to imagine. this is a look at the winds recorded so far, verified naples, 112 miles an hour, still with kinds of the worst of the wind offshore, it has not made its way there just yet. so we have a long road ahead. all right, every hour now we are getting an update here, so this is the 2:00 p.m. update. no changes in the last three hours, pressure still at 937 millibars, moving north/northeast at nine miles an hour. we are looking at that every hour. often times when you have a storm making landfall it starts to weaken a bit, interac