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To hear Powell tell it, the story of inflation coming down is actually intact. Even as the Fed announced a third consecutive cut, equivalent to a whole percentage point, monetary policy is still ...
The California Association of Realtors predicts the median home price in the state will go up 6.2% next year to $860,300. This year’s average is $810,000, down 1.5% from 2022. This year’s ...
“For now, it means the Fed’s not going to be cutting, and if [inflation] doesn’t come down, the Fed’s either going to have to hike at some point or keep rates higher for longer,” said ...
T he annual inflation rate has cooled, new data from the U.S. Bureau of Labor Statistics revealed on Wednesday.. The July consumer-price index shows an annual inflation rate of 2.9%, slightly ...
To help California residents battle inflation, the state started sending Middle-Class Tax Refund (MCTR) payments early October. However, some residents are still waiting for the one-time payments ...
“Inflation is not going down,” Kevin O’Leary said during a recent interview with FOX Business. “It’s north of [3%]. “It’s north of [3%]. It hits you every day at the pump and it’s ...
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Grocery prices were down 0.2% in March compared to February — the first drop since September of 2020 — but the good news may not last for certain food items. California’s wet weather, which ...