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Powell says inflation, though elevated, will likely moderate

WASHINGTON ((DailyNews)) — Federal Reserve Chair Jerome Powell said Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months” before “moderating.” At …

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Democrats seek narrow path to rein in cost of medicines

WASHINGTON ((DailyNews)) — President Joe Biden’s call for authorizing Medicare to negotiate lower prescription drug prices has energized Democrats on a politically popular idea they’ve been pushing for nearly 20 …

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