inflation
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PublishedJune 9, 2022
Biden’s inflation crunch: Too much shopping – even at the beach
The president needs U.S. consumers to pull back just enough so inflation eases, but not so much that the economy risks plunging into a recession.
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PublishedJune 7, 2022
World Bank dims outlook for global economy amid Russia war
The agency predicts just 3% global growth for 2023 and 2024.
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PublishedJune 7, 2022
Commentary: One solution to inflation? Allow more immigration
Reducing immigration in the Trump years has contributed to a worker shortage that is driving up wages, prices and contributing to inflation.
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PublishedJune 6, 2022
Average gas price in Maine nears $5 a gallon
'I want them to install crying towels here,' said one gas station customer, with per-gallon prices up nearly $2 from a year ago and likely to continue climbing.
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PublishedMay 31, 2022
Biden and Fed chairman plot inflation fight as nation worries
Like the president, the Fed wants to slow inflation without knocking the U.S. economy into recession, a highly sensitive mission.
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PublishedMay 29, 2022
No shell, big shock: Maine lobster rolls fetch record prices this season
Lobster lovers can expect to pay in excess of $40 for a single roll at some of the state's most popular summer eateries. The average price is closer to $30.
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PublishedMay 27, 2022
Despite record gas prices, Memorial Day travel surge expected in Maine
With prices at the pump hovering above $4.70 a gallon, travelers and residents alike plan to take to the road for the traditional start of Maine's peak tourism season.
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PublishedMay 22, 2022
Consumers defy inflation to support economy. For how long?
Consumers as a whole are showing surprising resilience, not only sustaining their spending but increasing it even after adjusting for inflation.
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PublishedMay 14, 2022
Maine Republican Party vice chair: Democrats aren’t taking our state in a good direction
From the gas pump to the doctor’s office, the majority party in Augusta is intent on draining Mainers’ wallets, Shane Reitze says.
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PublishedMay 11, 2022
U.S. inflation dips from four-decade high but still causing pain
Wednesday’s report on consumer prices contained some cautionary signs that inflation may be becoming more entrenched.
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