NPR's Yuki Noguchi says the proposals are trying to address how the lack of data on how insurance policies affect patients makes it hard to hold them accountable.Yesterday, Biden proposed new regulations that would push insurance companies to pay for mental health care more often. The White House wants to make mental health care more accessible. But an economist tells her declaring victory over inflation too soon could destroy the progress the Fed has made. On Up First, she reports that inflation is at 3% - not far from the Fed's 2% goal. The Fed wants to use interest rates to strike a balance and slow the economy down just enough to lower inflation without starting a recession, according to NPR's Stacey Vanek Smith.Federal Reserve Board Chairman Jerome Powell and his colleagues are expected to raise interest rates today.
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