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Feb 1, 2024

Jay Powell under pressure

We’ll discuss the Fed’s decision to keep interest rates steady yesterday, as well as pressure on the central bank to address housing costs.

Even if the path is getting clearer, the ETA is not
by Nancy Marshall-Genzer
The Federal Reserve held rates steady yesterday and is expected to lower interest rates sometime in 2024 — but when exactly?
Billions at stake — for the government and seniors
by Nova Safo
Two years after getting legal authority, Medicare is negotiating drug prices for the first time. The Biden administration is sending pharmaceutical companies initial offer letters for what it expects to pay for 10 drugs.