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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 ...
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.
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 ...
Quantitative easing (QE) is a monetary policy action where a central bank purchases predetermined amounts of government bonds or other financial assets in order to stimulate economic activity. [1] Quantitative easing is a novel form of monetary policy that came into wide application after the 2007–2008 financial crisis.
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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 ...
For instance, core PCE services inflation excluding housing — a relatively new wrinkle in the inflation equation nicknamed “supercore” — is running at a 5.6% annualized rate over the past ...
US inflation rates. Zero interest-rate policy (ZIRP) is a macroeconomic concept describing conditions with a very low nominal interest rate, such as those in contemporary Japan and in the United States from December 2008 through December 2015 and again from March 2020 until March 2022 amid the COVID-19 pandemic.