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Scores of Pacific Gas and Electric Co. customers in Tuolumne County posed questions to the embattled utility Monday about recent outages, infrastructure and rate increases at events hosted by PG&E
"I would say now the risks of how we balance those things are roughly balanced -- over-tightening versus under-tightening -- but we still have high inflation and the labor market's still strong," she said. Daly repeated her view that the recent run-up in long-term bond yields could substitute for a further Fed rate hike because the higher yields make it more expensive to borrow and can slow spending and investment. "Right now, geopolitical uncertainty is adding to already some domestic uncertainty" that is making businesses cautious, Daly said, adding that the Fed wi...
Daly repeated her view that the recent run-up in long-term bond yields could substitute for a further Fed rate hike because the higher yields make it more expensive to borrow and can slow spending and investment.
How high are mortgage interest rates? What is the average home price? Real estate industry leaders are concerned about the Federal Reserve raising rates to fight inflation. Uncertainty is contributing mortgage interest rate hikes and volatility in the housing market.
Equity losses for the month were offset by the largest single-monthly decline in liability value this year.