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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 ...
Overall inflation in California remains 7.3% lower than the United States average since January 2020, largely due to lower housing inflation. ... California utility prices have increased 51% more ...
But, he warned, “if home prices and rents continue to rise here, then yes, we would expect California inflation to remain above national inflation.” The California Association of Realtors ...
A small uptick in the nationwide inflation rate last month was an unwelcome glitch for many consumers and for Washington policymakers, but it may be a more serious development for most of California.
The firm detailed five reasons why inflation risks must still be monitored: First, initial interest-rate cuts have been more broader and deeper than expected on a global basis.
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 ...
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