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Federal Reserve · United StatesFederal Reserve Governor Stephen Miran has again suggested that he isn’t worried about the inflation outlook as he continues his push for more aggressive Fed rate cuts. This comes as other Fed officials raise concerns about inflation, alluding to it as a reason why they may not support further rate cuts this year, although the The post Fed’s Stephen Miran Says He’s ‘Sanguine’ on Inflation Outlook as He Backs More Rate Cuts appeared first on Coin…See the Story
Fed’s Stephen Miran Says He’s ‘Sanguine’ on Inflation Outlook as He Backs More Rate Cuts

California, United States · CaliforniaHomeowners in California might be facing a steep increase in their insurance costs. The California FAIR Plan, the state’s insurer of last resort, is seeking an average rate hike of 35.8%. If granted, this would be the largest hike recorded by the FAIR Plan in several years. This proposed rate hike would be the largest increase since 2019, when rates rose by an average of 20.3%. In 2021 and 2023, rates went up by 16% in each year, although 2023’…See the Story