Tag Archives: Inflation

Gen Z may be worse off than millennials, thanks to inflation and debt 

State Library Ed. Note: If you cannot access this story via the link below, state employees can access this Washington Post story HERE via the State Library’s subscription to the US Newstream database. Alternatively, state employees can contact us for access: LibraryHelp.SLO@slo.oregon.gov or 503-378-8800. Today’s young adults are spending more on housing and car insurance than millennials did. They’re also more […]
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Heat waves and climate change are making your bills more expensive 

State Library Ed. Note: If you cannot access this story via the link below, state employees can access this Washington Post story HERE via the State Library’s subscription to the US Newstream database. Alternatively, state employees can contact us for access: LibraryHelp.SLO@slo.oregon.gov or 503-378-8800. Researchers warn the hazards will only get worse, for the planet and the economy. No […]
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Demand for WIC benefits rebounds as inflation soars

As inflation continues to leave its mark throughout Oregon, more struggling families are turning to WIC to keep their children fed and healthy. After hitting a peak during the pandemic, the federal nutrition assistance program has seen increasing participation across the state over the last few years. Source: Demand for WIC benefits rebounds as inflation […]
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Oregon school officials search for solutions to funding crisis

School districts throughout Oregon are facing massive budget shortfalls, leading to big cuts. School districts have blamed these shortfalls on declining enrollment, inflation, the end of emergency COVID money for schools, increasing special education enrollment and inadequate state funding. Superintendents for four school districts — Salem-Keizer, Portland, Bend-La Pine and Medford — recently released a […]
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Health care spending in Oregon grew later in pandemic

New report tallies growth in spending that lagged overall inflation, showing impact of efforts to address spread of virus Increased spending on hospital outpatient services, behavioral health and retail pharmacies in Oregon helped drive per-person health care costs to grow 3.6% between 2021 and 2022. Those were findings in the latest of a series of […]
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Oregon Residents Spend the 8th Most on Groceries

For most of the last three years, American consumers have been grappling with greater financial pressure from increased prices throughout the economy. Inflation, as measured by the Consumer Price Index (CPI), has fallen since its June 2022 peak of 9.1%, but current levels of inflation still sit above the Fed’s preferred target rate of 2%. […]
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Rent Is Harder to Handle and Inflation Is a Burden, a Fed Financial Survey Finds

State Library Ed. Note: If you cannot access this story directly from the source, state employees can access this New York Times story HERE via the State Library’s subscription to the US Newstream database. Alternatively, state employees can contact us for access: LibraryHelp.SLO@slo.oregon.gov or 503-378-8800.

Fed chief signals interest rate cuts could be a ways off

State Library Ed. Note: If you cannot access this story via the link below, state employees can access this Washington Post story HERE via the State Library’s subscription to the US Newstream database. Alternatively, state employees can contact us for access: LibraryHelp.SLO@slo.oregon.gov or 503-378-8800. A string of discouraging inflation reports since the start of the year keeps pushing the timeline back. […]
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Consumer price growth accelerated in March, adding to cloudy picture for U.S. economy

Since the start of the pandemic, Americans have seen average prices increase more than 20% overall. Despite this, economic growth in the U.S. rolls on. Inflation remained elevated once again in March, adding another round of price increases to Americans’ already-strained wallets. The Bureau of Labor Statistics reported that 12-month price growth accelerated from 3.2% in […]
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Will the Federal Reserve cut interest rates? With a robust US economy, it might not need to 

Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, car buyers, would-be homeowners — pretty much everyone — began obsessing over a single question: When will the Fed start cutting rates? But now, with the U.S. economy showing surprising vigor, a different question has […]
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