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Live from NPR News in Washington, I'm Lakshmi Singh. President Biden struck a conciliatory tone in his first remark since former President Trump won election. NPR's Tamara Keith reports Biden says he wants a smooth transition of power.
Speaking from the Rose Garden, President Biden said the will of the people has prevailed and then repeated a line he has delivered often in criticism of the former president. but with new meaning now. You can't love your country only when you win.
You can't love your neighbor only when you agree. Something I hope we can do no matter who you voted for is see each other not as adversaries, but as fellow Americans. Bring down the temperature.
He directed his entire administration to work with Trump's team to ensure a peaceful and orderly transition. Tamara Keith, NPR News, the White House.
Consumers will start seeing further relief in their borrowing costs. The Federal Reserve has again lowered its key interest rate by a quarter percentage point. Fed Chair Jerome Powell says the areas that should be cooling are doing just that and the overall economy strong.
The labor market has cooled from its formerly overheated state and remains solid. Inflation has eased substantially from a peak of 7 percent to 2.1 percent as of September.
But while data show a relatively strong economy, many voters, especially those who voted for Trump, complain they're not feeling it whenever they go for groceries or unable to find affordable housing. Montana was among the 10 states where voters weighed in on abortion access. The ballot initiative there passed, enshrining abortion access in the state constitution.
Montana Public Radio's Erin Bolton reports it's given one clinic enough certainty to expand services.
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