Increasing prices for rents and some consumer goods and services throughout the Riverside metropolitan area in the previous two months were offset by lower energy and healthcare bills, but pocketbook pressure was still up 7.5% locally over the last year, federal officials said Tuesday.
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For the second time since the recession, Federal Reserve Chair Jerome Powell announced an interest rate cut. “We took this step to help keep the U.S. Economy strong in the face of some notable developments and to provide insurance against ongoing risks,” said Powell during Wednesday morning’s announcement. Despite pressure from President Trump, who […]
