The Economy Is Going From Bad to Worse With Inflation

The federal reserve raised its bench mark short term interest rate half a percentage point, the largest since two thousand raising it to a range of point seven five to one %. Housing and worker rights advocates will rally outside san francisco city hall to day demanding the city invest in some of the 137 million dollars set aside for proposition i funds. Mayor london breed has declined to purchase a fordable housing with the funds, but is offered rent relief with it. The treasury department estimates his fiscal year's budget deficit will decline by one and a half trillion dollars.