i m rosemary church. just ahead, we are hours away from u.s. markets opening up for a wild day on wall street. stocks tumbling after another bank lands in trouble. we ll look at how this impacts your money. plus it s important that great powers be models of transparency and communication. a war of words intensifying amid an actual ground war. this, as u.s. officials say a russian crew has reached the site where a u.s. drone crashed in the black sea after being hit by a russian jet. and we ll take you live to tel aviv, where israel s president is invoking the term civil war. good to have you with us. global markets, as another bank teeters on the brink of failure. but credit suisse will get a hand from swiss national bank as it plans to borrow $54 billion in hopes of assuring investors. the lender would be the first major bank to be given such a lifeline since the 2008 financial crisis. that feeling the of deja vu sent markets plunging in the nasdaq. the dow and s&
number for those who have been caught trying to get in. how many gotaway is a good question. big show today. dana: it is. i m dana perino and this is america s newsroom. border agents have arrested 78 suspected terrorists this year alone. that is three times as many as the past five years combined. bill: the surge of illegals putting a strain on border towns. texas continues to bus migrants to sanctuary city. democrat henry cuellar in a tough reelection fight at the border admits the tactic has been effective. nobody was listening to the border communities for years. now that it is happening in their own backyard they re talking about it. once we finish the fiscal year we have to talk about somewhere between 4.5 to 4.9 million individuals that have come across the border. if you call that a secure border, i don t know what it is. dana: team fox coverage with reaction from senator marco rubio. let s begin with alexis mcadams live from eagle pass, texas. good morning.
Wall street paired some of the losses we saw yesterday when they closed. looking at the futures, they may open higher. currently, that s the expectation for europe. there s one key event we need to be mindful of. there s talk about interest rates and the banking sector. i m not sure it s good timing. but ecb decides on its next interest rate decision today in the next few hours. given what has happened, will this mean it pairs back on the expectation for half a percentage point rate rise? it could well. it provides the ecb with a big opportunity to speak about this panic in the markets with the banking sector. perhaps that will go some distance to restoring confidence. anna stewart joining us there. many thanks. the banking meltdown over the past few days has left people wondering how to keep their money safe.
Americans paul volker in 1979 before aggressive rate hikes. 82% of the market believes there will be 3/4 of a percentage point rate hike. 18% of the market now believes the rate hike will be a full percent. there has never been a time under this monetary framework today where the fed hiked three meetings in a row 3/4 percent or more. that s what we re looking at today. time goes on and the more they hike the odds of a soft landing get really, really poor. so he is in a pandora s box now. bill: they say inflation has been boosted by government spending. the fed being more aggressive now because of that government spending that has been passed over the past 20 monthsment back to you. dana: all eyes on the fed at 2:00. bill: as the mid-terms draw closer now one of the more intriguing races may decide control of congress. you ll find it in colorado. the newly redrawn eighth
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