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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: News when you want it With Bloomberg News Now, I'm

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Speaker 2: Brian Curtis in Hong Kong. The Associated Press has called

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Speaker 2: the special election in New York, saying Democrat Thomas Swazi

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Speaker 2: has defeated Massi Pilip. The special election in New York's

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Speaker 2: third congressional district was to replace the expelled former GOP

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Speaker 2: representative George Santos. Swazi had held the seat before Santos.

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Speaker 2: The result swings one seat back to the Democrats in

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Speaker 2: the House. Meantime, House Republicans voted by the narrowest margin

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Speaker 2: possible to impeach Homeland Security Secretary Alejandro Majorkis. Bloomberg's Billy

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Speaker 2: House tells us the significance of the vote.

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Speaker 3: The significance largely, though, is more than against the backdrop

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Speaker 3: of the ongoing battle over border security, and this is

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Speaker 3: kind of the super messaging, yet another messaging uber by

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Speaker 3: Republicans to keep people focused on that as opposed perhaps

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Speaker 3: Ukraine funding. This will play out in an impeachment trial,

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Speaker 3: and that will probably start by the end of the month.

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Speaker 2: That's Billy Howes. The Senate worked through the night and

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Speaker 2: into the early morning to pass a ninety five billion

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Speaker 2: dollar aid package for Ukraine, Israel, and Taiwan. The vote

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Speaker 2: was seventy to twenty nine to send the legislation to

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Speaker 2: the House. Bloomberg's Jody Schneider has more from Washington.

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Speaker 4: It is without any of the border immigration changes that

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Speaker 4: had been in the earlier, much negotiated bill. It is

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Speaker 4: just the funding. Now the question is what does the

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Speaker 4: House do with this. There's a fair amount of debt

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Speaker 4: on arrival talk among the Republicans there, but it will

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Speaker 4: be hard to totally ignore it because it has that

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Speaker 4: aid to Israel that a lot of the Republicans have

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Speaker 4: said they want to see.

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Speaker 2: Bloomberg's Jody Schneider in the nation's capital. House Speaker Mike

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Speaker 2: Johnson put out his statement rejecting the bill. In his words,

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Speaker 2: America deserves better than the Senate's status quo. Defense Secretary

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Speaker 2: Lloyd Austin is out of the hospital and ready to

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Speaker 2: resume his duties today. Bloomberg's Ed Baxter has the story.

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Speaker 5: The doctors at Walter Reed Medical Center say they identified

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Speaker 5: what was causing him pain, and the bladder issue related

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Speaker 5: to his prostate surgery was rectified in a non surgical procedure.

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Speaker 5: They say the prognosis from his prostate cancer surgery is

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Speaker 5: still good. Pentagon Deputy Press Secretary Sabrina Singh says he

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Speaker 5: will participate in the Virtual Ukraine Defense Contact Group because

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Speaker 5: of its importance.

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Speaker 1: If US support waivers, we know Putin is not going

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Speaker 1: to stop in his war in Ukraine.

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Speaker 5: Austin is expected to host the meeting today about fifty

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Speaker 5: countries Ed Baxter Bloomberg Radio.

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Speaker 2: In other news, Israeli Prime Minister Benjamin Netanyahu has ordered

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Speaker 2: his military to prepare for a ground defensive in Rafa.

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Speaker 2: The UN says roughly one point point four million Palestinians

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Speaker 2: are sheltering in the area after fleeing fighting in other

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Speaker 2: parts of the territory. Bloomberg's Nancy Lyons has more on

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Speaker 2: the US response.

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Speaker 1: US National Security Council spokesman John Kirby says before Israel

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Speaker 1: goes any further, it needs a plan to protect civilians.

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Speaker 6: We don't believe that it's advisable to go in in

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Speaker 6: a major way in Rafa without a proper, executable, effective

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Speaker 6: and credible plan for the safety of the more than

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Speaker 6: a million Palestinians that are taking refuge in Rafa.

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Speaker 1: The Chief prosecutor of the International Criminal Court says Israel

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Speaker 1: could face war crime charges if it does push ahead

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Speaker 1: with its ground invasion of Rafa. In Washington, Nancy lyons Bloomberg.

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Speaker 2: Radio headline, consumer prices were up more than estimated. In January,

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Speaker 2: the Consumer Price Index rose three point one percent year

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Speaker 2: on year. Analysts we're expecting a number around two point

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Speaker 2: nine percent. Core CPI also rose the most in eight months.

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Speaker 2: Wells Fargo chief economist Jaber says it's not ideal, but

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Speaker 2: it is just one data point the FED considers when

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Speaker 2: deciding the path forward.

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Speaker 7: The trend is our friend in the following sense. Let's

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Speaker 7: not forget that the CPI came down from three point

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Speaker 7: four percent year over year in December to three point one,

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Speaker 7: and back in June of twenty two it was nine

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Speaker 7: point one, so it's down two thirds. We've got more

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Speaker 7: work to do, but keeping those prices moving down and

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Speaker 7: building on this trend is very much part of our

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Speaker 7: agenda going forward.

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Speaker 2: Wells Fargo chief economist Jay Bryson. The S and P

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Speaker 2: five hundred fell and treasury yields jumped after the release

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Speaker 2: of the data. News When you want it with Bloomberg

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Speaker 2: News now. I'm Brion Curtis. This is Bloomberg