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PublishedNovember 14, 2023
What’s pushing inflation down? More goods, workers and housing
However, even as overall price increases slow, it doesn't mean inflation is reversing or that most prices are returning to pre-pandemic levels.
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PublishedOctober 25, 2023
One-third of Maine workers are struggling to make ends meet, report says
And that doesn't include the 12% of Maine people living below the poverty line.
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PublishedOctober 12, 2023
U.S. inflation eased slightly last month as price increases extend slow descent
Prices are continuing to rise faster than is consistent with the Federal Reserve’s 2% target.
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PublishedSeptember 20, 2023
Fed keeps interest rates unchanged but it expects another increase this year
Even as inflation has slowed significantly, the job market and the economy have remained resilient, confounding expectations that the Fed’s series of hikes would cause widespread layoffs and a recession.
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PublishedSeptember 13, 2023
Gas prices push up inflation in August, yet underlying price measures cooled
Despite the seemingly divergent figures, the decline in the core measure points to inflation coming under control.
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PublishedAugust 10, 2023
Progress on inflation stalled in July, as prices nudged up
After more than a year of steady declines, inflation is ticking up again. But economists say this is just a temporary blip.
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PublishedJuly 26, 2023
Federal Reserve raises its key rate for 11th time by a quarter-point in its drive to slow inflation
Coming on top of its previous rate hikes, the Fed’s latest move could lead to further increases in the costs of mortgages, auto loans, credit cards and business borrowing.
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PublishedJuly 26, 2023
As inflation falls, Republicans may have to rethink attacks on Biden economy
Soaring prices have given Republican lawmakers a powerful talking point, but its potency may begin to fade.
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PublishedJuly 12, 2023
Inflation drops to lowest levels since March 2021 as economy cools
Wages are now rising faster than prices. The Federal Reserve isn’t ready to declare victory yet, since inflation isn’t consistently falling yet.
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PublishedJune 13, 2023
U.S. inflation slows, giving room for Fed to pause rate hikes
The Fed will likely announce that it’s skipping a rate hike but may resume raising rates as soon as July.
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