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more on all of that later this hour. but first the critical decision set to drop soon from the federal reserve. and cnn business correspondent rahel solomon is here with us. walk us through what is to come in the next hour or so and why it really matters. so the expectation is that chairman powell will raise rates about three quurs of a percent. that is not one to one in terms of borrowing costs. we won t see borrowing costs raise 75 basis points. but it does influence all of the categories. so costs will continue to go up. and i want our viewers to enter understand what this really means for them, for their wallets. and i know you ve pulled a few examples. yeah, i ve been working the phones. let s start with credit cards. we ve already seen credit card rates accelerate quite rapidly this year. and right now the average rate is about 17.5%. according to bank rate, if you are holding a $5,000 balance which is the national average, you have a current ampt pr of 17.2 ....
when the kids come to his concerts, they don t scream any more, they listen. the significant thing is both john lennon and paul mccartney made music in their own particular ways that was focused on the fact they were deeply in love with a woman. but i m not the only one mccartney went home and made the record where he plays all the instruments on his own. this kind of cozy domesticity, beautiful, wonderful, warm music. it s going to look roughly like this. this is our first showing of it. this is just the mock-up, folks. the new album. it s going to be called ringo s reviewer. i sell records. it doesn t matter if they ve got the beatles or not. if they don t like the record they won t buy it. ringo, who to this day people dismiss way too much, has tremendous success in the 70s. and george harrison, who had been stockpiling these amazing songs, explodes like a supernova on an album called all things must pass. maybe the greatest beatles solo a ....
the society can no longer perform its most basic function. the reason we have societies in the first place, which is to protect the weak from the strong. that s why you have a society well in places like this it becomes, among many other things, very hard to travel anywhere. you just can t go where you want to go with legitimate authority in retreat, roads are not controlled by the police. they re controlled by armed predators. and the armed predators take exactly what they want from travelers because they can. this is an ancient problem used to be called highway robbery. and for most of history it kept people very close to home. turns out it still exists, but now it s called carjacking. carjacking is the clearest possible sign that your civilization is falling apart and that s where you find it in places like somalia and south africa. places where force violence and clan loyalty have replaced law and order, places where might makes right in the city of johannesburg, fo ....
public auditions going on right now. so we ll pick that up where you left righ you killed it tonight and have a great show tomorrow. i m laura ingram . this is the ingram angle from washington tonight . we re going to get to the latest ng w desperate move from the january 6th committee in moments. but firstst, the great unravelie that s the focus of tonight s angle now reportedly very frustrated about a disastrous poll numbers, president biden not leaving europe today. there s an old expression little town delaware called klymenko. little steeltown say we re like poor is rich or poor invitedd. and we stay longer than we should. so be carefulay no. you may not go back. all right. well, i couldn t blame i m right out here . it would seem a lot more preferable to coming back home and facing the wrathca of america. now what you re witnessing is the great unraveling of the democrats 85% of americans now believe that the country is moving in the wrong direction, including ....
diagnosis is mild. it may be is stillti a triggering event for the dcll establishment. what if something happens tohi the president and kamala harris has to step in? well, this is a terrifyingin prospect for anyone who s followed her performance over the past few years. now in an administration of punchlines, she s in a class by herself last sunday during a podcast interview where she managed to make the democrats holy grail of abortion soundib ever more callous. if that s possible, watch. you know, listen, women aren getting pregnant every day in america and this is a real issue and we need to act with a sense of haste about what is at play, what is at stake. there s a baby at play. > just to clarify now, at least she didn t do the trademark in a cackle aten the end of that,d but she was saying saving all that for today in indianapolis where she was nervously avoiding anyit opportunity for q&a with the press. so in terms of the format, we ll let the pressss and ....