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katy tur. here we are again, another fed meeting and another expected rate hike. we re going to get to the number in just a second. it is expected to be a quarter of a point. we re going to see how the markets react to that because they have been on a relative upswing and we re wondering does that trend continue? we are also watching as you well know, memphis. the funeral for 29-year-old tyre nichols is today. and supposed to begin right about now. weather has been delaying it, so we ll go there as soon as it does start. but again, there is breaking news from the fed. just confirmed, they are raising it, interest rates, by a quarter point. joining me now is nbc news business and data reporter, brian cheung. a quarter point, what can you tell us? the nation s central bank, the steward of the u.s. economy raised interest rates by .25 percentage points in their meeting today, after some encouraging news we had gotten in previous weeks that inflation was coming down. was ....
would like to live a long life, longevity has its place, but i m not concerned about that now. i just want to do god s will. and he s allowed me to go up to the mountain, and i ve looked over, and i ve seen the promised land. i may not get there with you but i want you to know tonight that we as a people will get to the promised land. a haunting speech from reverend martin luther king jr. delivered the night before he was assassinated in memphis. we ll be honoring dr. king this morning and exploring his legacy throughout the morning on morning joe. also ahead this hour, we ll have the latest developments on the classified documents found at president biden s home, and the gop s false equivalency when it comes to this discovery. hundreds of files of donald trump tried to stash away at mar-a-lago, to equate is a little tough. congress is on the clock to raise the country s debt limit. it comes after a dire warning from treasury secretary janet yellen. plus, we ll get ....
some signs that the temporary ceasefire agreement due to end in a day s time could be extended. hamas and us presidentjoe biden have said they would like to see an extension, but the israeli prime minister said he was open to the idea but has also warned that the war will resume at the end of the deal. 0ur senior international correspondent aurier garin has more. rejoicing in israel after the darkness of recent weeks. the latest group of hostages freed from gaza waved to supporters as they are welcomed home. both israel and hamas are signalling their deal could be extended to free more of those being held. for reunions like this, after 50 days apart. young hostages finally home. emily hand embraced by herfather, thomas, who at one stage believed her dead. now she is free and, he says, doing well. yesterday, we finally got emily back from the hands of the gazan terrorists. she s lost a lot of weight. from herface and body. but generally doing better than we expected. emi ....
clinton and civil rights leaders gather to honor and mark martin luther king jr. day at a breakfast hosted by the national action network here in washington. this is an hour and a half. good morning. as we gather today, first let me thank all of our honorees that we are saluting this year. it is important on king day that we do things in the spirit of dr. king. today, dr. king as a federal holiday was a result in and of itself of struggle. so we do a nots a take it as a off. we take it as a day on, to do something in the spirit of human rights andnd civil rights that . king stood for.n national action network startedn 28 years ago on those principles. and we ve been blessed to feder partner with martin luther kingl iii who thought it appropriate to spend this holiday every year with us at the breakfast. and he had brought his mother to our convention for many years. so we are in our dna king-like. and no year is more important than this year, because we are meeting on ....