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Atlanta Federal Reserve Bank President Raphael Bostic sticks with a message of patience while in Broward County — but is firm in the fight against inflation.
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An August survey by Farm Share, the state's largest food bank, found that Floridians are sacrificing their nutrition to save money amid rising prices.
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Atlanta Federal Reserve President Raphael Bostic tells WLRN he doesn’t think interest rates need to be increased right now, even as inflation remains high in some places — particularly South Florida.
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Despite plenty of dire forecasts for the economy this year, there has been no recession. And Florida’s economy has been a growing bright spot. Yet, inflation remains stubbornly higher than the rest of the nation. WLRN's Senior Business Editor Tom Hudson takes a look at four key indicators that tell the story.
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Annual inflation cooled in January for the seventh month in a row. But price increases accelerated between December and January, fueled by rising shelter, food and gasoline prices.
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They're dubbed inflation relief payments, but they reflect a hodgepodge of rules and eligibility requirements. The IRS wants time to figure out which rules apply to them.
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The Federal Reserve raised interest rates by a quarter-percentage point as part of its ongoing effort to fight inflation. Price hikes have begun to ease, but the Fed says inflation is not yet tamed.
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Annual inflation continued to ease, cooling to 6.5% in December, but prices are still climbing at a rapid rate, meaning people have to work longer and harder to keep the same standard of living.
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Food banks and nonprofits say inflation has hurt fundraising and made it hard to handle a surge in demand. One CEO says the need is close to the height of the pandemic.
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Inflation, the curse of our pocketbooks and the Federal Reserve, has hit almost every good in the U.S. But the price of a beloved toy has managed to hover around $1 — for more than 50 years.
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A new government report shows inflation cooled a bit in November. But prices are still climbing and the Federal Reserve is preparing to raise interest rates again.
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Turkey, stuffing, pie — it's all way more expensive this year. But you don't have to let inflation spoil your meal, if you're willing to get creative.