Economists and business leaders recently gathered to discuss the economic outlook for Greater Williamsburg. The conversation covered a range of topics, including the job market, housing trends, and the tourism industry. Inflation has been a major concern, with recent data showing a rise in prices.
The cost of living saw a slight dip in April. This was the third month in a row where inflation slowed down. Prices went up by 2. 3% compared to the same time last year. This is the smallest increase in over four years. Month-to-month, prices rose by 0. 2% from March to April. This is a small increa
The Federal Reserve is about to make a big call on interest rates, and President Trump might not be happy about it. The Fed is expected to pause on rate cuts this week, mainly because inflation hasn’t made much progress lately. This move aligns with a strong economy and low unemployment, but some th
