Tag: inflation
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Nearly Half of Residents Struggle to Pay Bills in California’s Riverside
Almost half of households in Riverside, California, can’t afford usual expenses and about a third had trouble paying an energy bill in the last year, according to a Census Bureau survey.
Inflation On The Rise Across Riverside County
Inflation throughout the Riverside metropolitan area climbed 1.4% over the previous two months, largely driven by rising energy costs, according to data released Wednesday by the U.S. Bureau of Labor Statistics.
Where is employment heading in the Inland Empire?
Once a year, at the beginning of March, the national release of the monthly labor market data coincides with that of the state and the region.
Federal Reserve minutes: Officials worried that progress on inflation could stall in coming months
Federal Reserve officials acknowledged at their most recent meeting in January that there had been “significant progress” in reducing U.S. inflation. But some of the policymakers expressed concern that strong growth in spending and hiring could disrupt that progress.
Inflation has slowed. Now the Federal Reserve faces expectations for rate cuts
Chair Jerome Powell will enter this week’s Federal Reserve meeting in a much more desirable position than he likely ever expected: Inflation is getting close to the Fed’s target rate, the economy is still growing at a healthy pace, consumers keep spending and the unemployment rate is near a half-century low.
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