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Fed Chair Powell says interest rates are 'likely to be higher' than previously anticipated
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Citing earlier data showing that inflation has reversed the deceleration in late 2022, Powell warned of tighter monetary policy ahead.

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Omicron XBB.1.5 is rising in U.S. though revised CDC data shows slower increase than previously reported
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XBB.1.5 made up 27.6% of sequenced Covid cases nationally for the week ending Jan. 7 compared to 18.3% for the week end Dec. 31.

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Republicans pick up U.S. House seats previously held by Democrats, Edison Research projects
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