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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 ...
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 ...
The new sign that inflation isn't making dramatic movements up or down comes after the Fed this week decided to keep rates on hold, its first pause following three consecutive cuts at the end of 2024.
They noted "the likelihood that elevated inflation could be more persistent had increased," according to the minutes, even though they still expected the Fed to bring inflation down to its 2% goal ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased. Inflation rose to 5-month high in December.
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After a hot December jobs report pared back investor's hopes for interest rate cuts in 2025, two key inflation readings will add to the discussion in the week ahead.
There’s a problem with inflation. It just refuses to go that “last mile” down to 2%, the magic percentage targeted by the Federal Reserve. Economists have widely agreed on one culprit: high ...