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this is your well red world. a lot of major averages down on the prospect that we re looking at higher rates down the road. we got our third 3/4 hike in a row with signs that year s end, rates could be a point to a point 1/4 higher than they are right now. we re north of 4%. some wondering if that is enough to deal with inflation that is double that. let s get the read on what happens today and why. jackie deangelis. jackie? good afternoon. this is the fed s fifth rate increase this year. it s the fourth increase in a row. as you pointed out, the third time the market is seeing 3/4 percentage point. the market was trading higher most of the session before the decision indicating they were expecting a 75 basis point hike rather than the full point percentage point that a small group of market watchers thought was possible. then when the news broke about the hike, the fed hikes rates trying to tame persistently high inflation, the economy will slow. consumers and corpor ....
the wuhan lab in china for gain of function research. but yet dr. fauci hasn t come before congress in the house of representatives. the american people deserve answers on covid-19 and speaker kevin mccarthy has given the republican majority the tools necessary to make that possible. [applause] the democrats have spent the past six years investigating a president for potential wrongdoing in ukraine and russia. now let me say this loud and clear. the republicans will also investigate a president for potential wrongdoing in ukraine and russia as well as china. the american people have a lot of questions for dr. fauci. christopher ray, merrick garland, secretary mayorkas. we cannot ask those questions until we elect our speaker. under speaker pelosi was a full-time committee to harass the previous president, to advocate for wage, social issues which the oversight committee had absolutely no jurisdiction and committee totally uninterested in the american taxpayer. in a repu ....
plus inflation surged to a new four-decade high last month as rising prices continue to squeeze household budgets for every day americans. we re going to get a live report from the white house on the administration s reaction and what they plan to do. and outrage in uvalde, as families condemn the release of surveillance video from robb elementary school where their children were massacred. we ll get the latest from texas. willie. a busy hour ahead. but we begin with the latest on the january 6 investigation. and the revelation from the committee that former president trump tried to make contact with a witness. a source telling nbc news that the person is a member of the white house support staff. liz cheney said trump called the witness sometime after the bombshell june 28th testimony of former white house aide cassidy hutchinson. cheney said the person declined the call and then reported it to his or her attorney. the lawyer then alerted committee which in turn aler ....
investigative committee finally has been released and outlines a series of failures by law enforcement. the 77-page report criticizes a lackadaisical approach by the nearly 400 officers who ended up at the scene of the school shooting. for the first time, we are seeing hours of body cam video. it captures chaos, confusion, and excruciating delays, as critical minutes were ticking by and no law enforcement charged into that room. much more on that in a moment. but let s begin with athena jones in indiana. what are you learning? reporter: this is remarkable. this took place in a mall s food court at about 6:00 p.m. on sunday night. three people were killed by this shooter who came armed with a long gun, and authorities still don t know what led to it, whether these people were targeted. they re looking into that, looking at surveillance video, and further investigating it. but in this case, the police chief of greenwood, a suburb of indianapolis, pointed to what he ca ....
Laura good evening, everyone. Im laura ingraham. This is the Ingraham Angle from los angeles. Tonight, disappearing dreams. Thats the focus of tonights angle. Lisa, i want some more. Eh . If democrats have their way for another four years you will all Start Feeling like oliver twist. You will have less and be expected to be happy with it. Less begging the government for scraps. More government and power in washington and less for you. Here is the reality for young people today. Look at the average income 75 grand. How are you supposed to afford an average Mortgage Payment of 3,400. Young people cant afford to buy homes part of the American Dream which unfortunately is now dead. Laura there are consequences for run away spending and borrowing and we all have to just ....