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PublishedJune 15, 2022
Fed attacks inflation with its largest interest rate hike since 1994
The move the Federal Reserve announced on Wednesday will increase its benchmark short-term rate, which affects many consumer and business loans, to a range of 1.5% to 1.75%.
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PublishedJune 10, 2022
As gas prices pass $5 a gallon, Maine lawmakers seek probe into price gouging
The average price for a gallon of regular gasoline in Maine was $5.06 on Friday, with Franklin County reporting the highest countywide average at $5.16.
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PublishedJune 8, 2022
Shrinkflation: Smaller package sizes hide price increases
Manufacturers hope consumers won't notice they are getting less product.
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PublishedJune 6, 2022
Average gas price in Maine nears $5 a gallon
'I want them to install crying towels here,' said one gas station customer, with per-gallon prices up nearly $2 from a year ago and likely to continue climbing.
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PublishedMay 29, 2022
No shell, big shock: Maine lobster rolls fetch record prices this season
Lobster lovers can expect to pay in excess of $40 for a single roll at some of the state's most popular summer eateries. The average price is closer to $30.
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PublishedMay 27, 2022
Despite record gas prices, Memorial Day travel surge expected in Maine
With prices at the pump hovering above $4.70 a gallon, travelers and residents alike plan to take to the road for the traditional start of Maine's peak tourism season.
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PublishedMay 11, 2022
U.S. inflation dips from four-decade high but still causing pain
Wednesday’s report on consumer prices contained some cautionary signs that inflation may be becoming more entrenched.
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PublishedApril 22, 2022
Maine launches website to explain relief check rules
The site answers questions about the $850 checks that will be sent to many Mainers beginning in June.
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PublishedApril 12, 2022
U.S. inflation jumped 8.5% in past year, highest since 1981
Some economists suggest that inflation is at or near its peak, but it could take time to come back down.
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PublishedMarch 18, 2022
Gov. Mills proposes payments of $850 to qualifying Mainers as she revises budget
The total amount of direct relief to individual Mainers would be increased by $100 from the governor's previous plan.
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