inflation

Bad News For Oil Prices As Economists Predict Aggressive Action From The Fed

Interest rate hikes by the Federal Reserve as it struggles to rein in inflation have spurred expectations of a recession and the related negative implications for oil prices. Now, economists expect the Fed to hike higher than previously thought and fears of a recession are growing. A poll conducted by Reuters suggested that the Fed …

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Biden, Democrats gaslight voters on inflation, border, crime

OPINION AND COMMENTARY Editorials and other Opinion content offer perspectives on issues important to our community and are independent from the work of our newsroom reporters. It is September, the campaign season is in full swing, candidates are knocking doors and meeting people at public events – and already, I am tired. I’m tired of …

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Millions of Americans will save on Medicare fees next year

WASHINGTON (AP) — For the first time in a decade, Americans will pay less next year on monthly premiums for Medicare’s Part B plan, which covers routine doctors’ visits and other outpatient care. The rare 3% decrease in monthly premiums is likely to be coupled with a historically high cost-of-living increase in Social Security benefits …

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Southern California gas prices continue to rise sharply

LOS ANGELES (KABC) — The average price of a gallon of self-serve regular gasoline in Los Angeles County rose 4.1 cents Monday to $5.84, its 24th consecutive increase. The average price has increased 59.4 cents over the past 24 days, including 11 cents Sunday, according to figures from the AAA and Oil Price Information Service. …

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The Schedule For The Remaining 2022 Fed Decisions And What The Market Expects From Them

Jerome Powell, chairman of the US Federal Reserve, arrives to speak during a news conference … [+] following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Sept. 21, 2022. The Fed has two remaining meetings scheduled in 2022 to set interest rates. Here’s what the market expects. Photographer: Sarah Silbiger/Bloomberg …

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