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Stock impact report

Inflation rate is slowing. So why isn't it making a difference for so many Spokane residents? [Yahoo! Finance]

Avista Corporation (AVA) 
Last avista corporation earnings: 2/26 07:05 am Check Earnings Report
Company Research Source: Yahoo! Finance
Carr, 46, said it may have fallen from a peak of 9.1% in 2022, but the drop to 2.5% hasn't eased her monthly expenses. "I don't feel like it's going down," said Carr, who was pushing a cart full of goods to her car from a large local retailer. "When I go to the store, the total doesn't match what I used to buy. I'm definitely frustrated." She's not alone. Statistics released in September by the U.S. Bureau of Labor Statistics showed that prices climbed 2.5% in August compared to August 2023. But that slowing rise in prices still means that things cost more than last year and certainly a lot more than several years ago. That reduction in the inflation rate finally prompted the Federal Reserve, which targets an inflation rate of 2% as its sweet spot, to drop its rate by half a percentage point on Sept. 18. It's a move that triggers cascading effects which will eventually translate to lower mortgage rates for people trying to buy homes. It will make it less costly for consum Show less Read more
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