The Fed’s Timeline, N. Carolina Cutting Coverage, CRE & The Red Sea 1/29/24

The Fed isn’t expected to cut rates on Wednesday, but our market guest says that’s a big mistake. Plus, North Carolina’s state health plan will stop paying for obesity drug coverage, and that may be good news for one company. We’ll speak with the CEO about why. And Red Sea disruptions could drive demand for one area of the commercial real estate market. We’ll connect the dots and tell you which sector.

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"The Exchange" on CNBC is a one-stop shop for the day's top business stories, along with breaking news and the must-see market movers heading into the back half of the trading day. This newsroom-based program also features lots of original reporting, in-depth conversations and showcases CNBC's award-winning investigative work.