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it. inflation, it is zapping the strength of a lot of families. that inflation hit 8.6% last month, highest rate since 1981. majority of americans weren t even alive actually. u.s. families paying more for everything. gas, cars, food, housing, just to name a few. plane tickets, everything. and today fed is expected to rise rates three quarters of a point. so that means that people will pay more to get a car loan, houses and even college. that will taste bad, but the hope is that it cools down inflation overall. right now on wall street you re seeing a little bit of optimism here heading into this final fed decision here. in overseas market, mixed performance in asia and europe has opened higher this morning. this is a perfect day to talk to greg mcbride from bankrate.com, he knows something about interest rates, all kinds of different rates. hi, greg, how are you? good morning, christine, great to be with you again. so this rate hlike we re expecting, 75 basis ....
welcome to our viewers in the united states and around the world, it is wednesday, june 15th and i m brianna keilar with john berman here in new york. if you don t believe in the climate emergency facing our nation just open your window or walk outside today, there will be evidence on display in every corner of america, no matter where you live count on extreme weather, heat warnings or severe flooding. in the span of 24 hours americans have grappled with all of these threats, violent storms left hundreds of thousands without power in the midwest, flooded communities in montana that don t have clean drinking water and there have even been tornadoes in chicago. meteorologist derek van dam is live in columbus, ohio, where the mayor has no power and he s urging residents to go to cooling centers and pools to stay safe. reporter: john, unfortunately the perfect storm has struck this area, the combination of no electricity and dangerous excessive heat, that is a recipe f ....
It up . Yes. A but it seems a little bit most of a is told to look at it, but it, when the c c name can look, but if the letters, because you know, so if i am, so what is that bucket you see about them . I give you a couple of cut off, even though theres spices in the say when the, when you come at the report the diplomatic measures would be taken by did you let us manage to discuss the issues of women rights and human rights in that agent and a question to the spanish. Ok so um that it from them and catalonia theres another question to the cut to the problem is i do believe that women and the cuts are in that i think i have the same rights central equal to those of spain. Last c with respect to you 1st bought for of course, and we believe that and got that c e going to see was, has been, was taken as much as a sufficient to westport man already. Namely the questions here. We demanded clarifications for on the net 10. Yeah. How can you look into law on the motives and the reasons for c ....
[inaudible conversations] well, good afternoon, everyone, thank you fortoday. Its my pleasure to bring up the secretary and chairman, deliveringpening remarks and time to take a few questions. Ill moderate the journalists a time constraints, limit the followups to g a chance to ask their questions. Good afternoon, evedy thas f general brown and i have just come from ad meeting of the Ukraine DefenseContact Group and im grateful to some 50 countries from around the world that joined us again today. The Contact Group heard directly from ukraines defense les, minister that gave a valuae ukraines defensive operations across the front line, including the new russian offensive around kharkiv. We met today a challenging moment for ukraine. Putins forces opened another front to seize sovereign ukraini territory. In the kremlins ....