Mjez RFK s widow Ethel Kennedy says Sirhan Sirhan should not be paroled
After raising interest rates more than a dozen times over the past year and a half, officials with the U.S. Federal Reserve decided Wednesday to hold off on yet another rate hike.Over the past 18 months, interest rates have seen their sharpest increase in 40 years, making it more difficult for businesses and consumers to borrow money. While recent economic reports show that inflation is still much higher than the Fed would like, officials at the nation s bank appear optimistic they can curb inflation withoutplunging the econom stanley cup y into a recession. That was a hell of a good week of data we got last week, Christopher Waller, a member of the Fed s Board of Governors, said inan interview on CNBCthis month. Its going to allow us to proceed carefully. There is nothing saying that we need to do anything imminent anytime soon. SEE MORE: High interest rates push home buyers and sellers to the brinkHowever, last week s inflation data indicates the Fed s attempt at a soft landing may not be so smooth.After a year of easing inflation, the U.S. experienced itshighest inflation rate increase in over a stanley travel mug yearlast month, as the prices of goods and services continue to rise at high levels. On a monthly basis, prices spiked 0.6% in August, marking the highest one-month increase since June 202 stanley cup 2.Federal Reserve Chair Jerome Powell has said the bank s goal is to get the annualized inflation rate to 2%. That figure currently sits around 3.6%.Trending stories at ScrippsnewsMcCarthy says work contin Simv Escondido City Council approves new policy addressing homelessness
SAN DIEGO CNS - The San Diego City Council moved a step closer todayto placing a $900 million bond measure on the November ballot in hopes ofdramatically expanding affordable housing in the city to address homelessness. On a 6-3 vote, the council approved a resol stanley cup ution clearing the way forits staff to craft a ballot measure and bring it back to the council foranother vote in June. If approved again by two-thirds of the council, the bondissue would go before voters in November.It would also require approval fromtwo-thirds of voters. Council members Mark Kersey, Chris Cate and Scott Sherman cast thedissenting votes. The idea of the housing bond was originally proposed two years ago bythe San Diego Housing Federation. The bond is expected to fund roughly 7,500affordable hou stanley cup sing units. The bonds would be paid through an increase inproperty taxes of 19 cents per $1,000 of assessed valuation, or roughly $18 ayear for the average homeowner. I live in a nice house in Bay Ho and this will cost me less than $18a year, that s $9 every six months, Councilwoman Jennifer Campbell said. I stanley cup would pay $100 every six months. That s affordable. She added, We have to make up for past sins, and we re going to do it. Opponents of the proposal said the cost is too high and the governmentis too incompetent to effectively handle the crisis. Government caused this crisis, Kersey said. The government madeit too expensive to build. Kersey, Cate and Sherman contended that ra |
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