Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn
Federal Reserve officials are considering whether to raise interest rates again to cool the economy and combat inflation.
The minutes from their meeting in October-November show that further tightening of monetary policy would be considered if progress towards the inflation objective was insufficient.
Investors are expecting a pause in rate hikes and are eagerly awaiting the December meeting for more clues about future policy decisions. [ more ]
Sentenced to Death by COVID - How US Prisons Became an Epicenter of the Pandemic
Ending the COVID-19 'public health emergency' had concrete negative effects like hindering access to free testing.
Policies could have been implemented to make the pandemic less deadly, such as prioritizing vulnerable populations and providing income for people to stay home. [ more ]
New California Senate leader says his priorities are climate change, homelessness and opioid crises
Sen. Mike McGuire will become the leader of California's state Senate, the first time in decades that the top two legislative leaders aren't from a major urban center.
McGuire's priorities are to address childhood poverty, opioid addiction, housing shortages, and wildfire impacts that affect both rural and urban areas across California. [ more ]