City welfare costs skyrocket amid high rents, waning federal aid by NH Business Review for Rick Green -The Keene Sentinel

Keene’s property taxpayers are footing the bill for skyrocketing welfare costs amid high demand for help, rent hikes and waning federal support. New Hampshire law requires towns and cities to provide financial assistance to those unable to meet basic needs such as food, rent, shelter, utilities, prescriptions and funeral expenses….

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November inflation report fuels optimism for Fed interest rate cut by Jeff Andrews for HousingWire

HousingWireHousingWire The likelihood of a third Federal Reserve rate cut got higher with Wednesday’s Consumer Price Index from the U.S. Bureau of Labor Statistics, which met expectations from economists on inflation. Headline inflation in November rose 2.7% year over year and 0.3% compared to October. Core inflation — which excludes…

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