during his press conference. with us inflation running still well above the bank s 2% target, it sjob is not yet done. i think, as anyone can see, not a single person on the committee wrote down a rate cut this year, nor do i think it is at all likely to be appropriate if you think about it. inflation has not really moved down. it has not so far reacted much to our existing rate hikes, and so we re going to have to keep at it. most officials think two more rate hikes are needed this year, starting perhaps as early as next month. wednesday s decision ushers in a new phase in the fed s battle to lower prices follows a path carved out by central banks in countries such as australia and canada, which recently announced rate hikes following a break. michelle fleury there in washington, dc. the latest decision by america s central bank comes at a time when inflation is slowing but not as quickly as the federal reserve wants it to be. earlier, i spoke to blerina uruci of t.rowe pric
a federal judge has ordered the massachusetts air national guardsman accused of leaking classified documents to be held behind bars until his trial. mourners packed into a new york city church today for the funeral jordan neely. all of us have the right to live. more than 15 million are on alert for severe storms across the southern plains today. watch for some hail, as well as the heavy downpours, the lightning, and can t rule out even an isolated tornado or two. james: remembering jim brown. the iconic football player, actor, and civil rights activist has died at the age of 87. he helps everybody. that is what he is known for. meet gravedigger allen mccloskey. allen has been at this job since 1952. what was your hardest one? my wife. how did you get through that? i figured she d want me to do it. james: good evening, and thank you for joining us on this friday night. i m james brown, in for norah. and we begin tonight with
Along with a powerful and heartwarming stadium tradition. Announcer this is nbc nightly news with lester holt and good evening im tom llamas, in for lester tonight we begin with that Breaking News on this labor day. The Surprise Holiday Ruling a judge handing former President Trump a legal victory, appointing whats called a Special Master to oversee the documents seized from his home that ruling essentially removing the files from the Justice Departments possession the move could slow down any further investigation into the former president s handling of classified documents. The doj now has to decide whether it wants to fight that decision and it comes as mr. Trump blasts the fbi in his first rally since the search for his part President Biden was on the Campaign Trail today as both ramp up their roles in the final sprint to the midterm elections. Kelly odonnell starts us off tonight reporter tonight the criminal investigation into those classified documents found at maralago is tempo
along with a powerful and heartwarming stadium tradition. announcer: this is nbc nightly news with lester holt and good evening i m tom llamas, in for lester tonight we begin with that breaking news on this labor day. the surprise holiday ruling a judge handing former president trump a legal victory, appointing what s called a special master to oversee the documents seized from his home that ruling essentially removing the files from the justice department s possession the move could slow down any further investigation into the former president s handling of classified documents. the doj now has to decide whether it wants to fight that decision and it comes as mr. trump blasts the fbi in his first rally since the search for his part president biden was on the campaign trail today as both ramp up their roles in the final sprint to the midterm elections. kelly o donnell starts us off tonight reporter: tonight the criminal investigation into those classified documents fo
good morning. i m erica hill in for jim and poppy today. welcome to a holiday edition of newsroom. we re following several stories on this labor day of the right now in canada, a major manhunt under way after at least ten people were killed, up to 25 stabbed in all. a heinous murder spree covering more than a dozen crime scenes. officials are warning the two suspects are on the run. they should be considered armed and dangerous. following that story for you, we re keeping a very busy eye on the campaign trail here in the u.s. minutes from now president biden will depart for a pair of major events in two critical battleground states, wisconsin and back to pennsylvania. the president set to speak to american workers in milwaukee later today and then it s off to pittsburgh where we ll speak with a group of steel workers. the trip, of course, coming just days after pieden s predecessors told pennsylvanians that the current president quote is an enemy of the state. let s begin i