hello and welcome to audiences in the uk and around the world. we begin in the us where the central bank is expected to increase interest rates by another 75 basis points today which would be the fourth consecutive increase of this size. many are hoping for signs the federal reserve may soften its approach in the months ahead with markets anticipating a 0.5% rate rise in december. so what s different within the us economy that would lead the fed to change its current course? here s michelle fleury. since march the federal chair hiked the rate by three percentage points, in so doing caused more expensive loans on everything, from houses to cars and credit cards, so far they have done so without any damaging slowdown in job have done so without any damaging slowdown injob or growth wealth creation. the trouble is there is no sign of a living rolling off with consumer prices, inflation still high at over 8% and still the fed has focused on. and until it sees inflation coming
Anywhere in the universe, and itjust seems to keep on going. tonight, we prove once more or the scale of our wealth, but from the enduring power of our ideals. this is bbc world news. the latest headlines: north korea s test launching of multiple missiles, including one that crossed the maritime border with the south. exit polls in israel s election suggest former prime minister benjamin netanyu is set for a record sixth term. but his likud party would share power with the far right.
Trace. trace: truck done my chugging along vladimir putin test launching what he says is an unstoppable nuclear missile nicknamed satan 2. brian kilmeade is here on how dangerous this is for the u.s., plus jerry baker david as men jonathan turley all that much more coming up next hour. value and take out up to $60,000 or more. give them a call. veteran homeowners, newday wants to help you use your va home loan benefit to get more. more cash, more savings, more peace of mind. the newday 100 va loan lets you borrow up to 100% of your home s value. up to $60,000 or more. veterans are saving an average of $615 every month. with more ways to help more veteran families, no bank, no lender, no one knows veterans like newday usa.
President vladimir putin penned a 5,000-word essay saying ukrainians and russians are one people. people i ve disagree. president biden thinks war s coming. as of this moment, i m convinced he s made the decision. we have reason to believe it. reporter: the pentagon says russia could invade at any minute. these photos show dozens of attack jets, 50 russian helicopter gun ships have also arrived in belarus in the north, more than 60 arrive arrive arrived southeast of here in crimea. it s anyone s guess, guys, what happens next. only putin knows what the orders will be. right now the russians are showing blitz, they re ready to start their engines which might be a better analogies. russia flexing its muscles by test launching hypersonic#d missiles earlier.
There isn t and this is gone away is living in a dream world. reporter: a recent law enforcement bulletin says that there are no specific nor credible threats to the capitol tomorrow. last year, there were numerous intelligence and law enforcement failures leading up to the attack. norah. o donnell: jeff pegues, thank you very much. well, tonight, the u.s. state department is condemning north korea for test launching what the u.s. says it was a ballistic missile. u.s. officials say the provocation violated multiple u.n. resolutions and threatened north korea s neighbors. we get more now from cbs elizabeth palmer. reporter: north korea says it was a hypersonic missile, the second time they ve launched one. it took off from an area near the country s border with chid e flurry of tests overseen by the country s leader, kim jong-un, including a missile hidden in