U.S. inflationary pressures decreased in December as the U.S. future inflation gauge fell to 117.1 from a revised 119.8 in November, originally reported as 119.7, according to data released Friday by the Economic Cycle Research Institute. The smoothed annualized growth rate, a comparison of the latest figures to the preceding year’s average level, decreased to negative 4.6% from negative 0.7%.The December decrease was driven by disinflationary moves in measures of commodity prices, loans, jobs, and interest rates, partly offset by an inflationary move in measures of vendor performance, ECRI said. “With the USFIG falling to a 31-month low, inflation pressures should not be a serious concern,” ECRI said in a release.
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The bonds refunded of two earlier series of student fee bonds: the taxable Series Z-2 Build America Bonds, and the tax-exempt Series BB-1 bonds.
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Hawaii Gov. Josh Green outlined the state's plan to permanently house everyone displaced by the fire — and how he plans to pay for it during a media briefing.
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D.C. promises $515 million in improvements to its existing downtown arena.
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A bond-financed purchase of the Stanley Hotel in Estes Park, Colorado, which served as an inspiration for Stephen King's The Shining, is being pursued by the Colorado Educational and Cultural Facilities Authority.
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In a recently released survey by the Citizens Budget Commission, New Yorkers said they are feeling much less safe, with only 37% rating public safety in their neighborhood as excellent or good, down from 50% in 2017.
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