June 18, 2024 5:54 pm
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National News

Inflation Continues to Cool Nationwide

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Inflation in the United States continued to cool faster than expected, as prices fell from 3.7% in September to 3.2% in October, a significant decrease in the context of previously high inflation trends, according to data released by the Bureau of Labor Statistics. “Core” prices, excluding food and energy, increased four percent, also a bit slower than in September. 

A decrease in oil and gas prices was the most notable cause for the deceleration in inflation. While prices remain higher than pre-pandemic levels, economists have indicated that this report is promising for both the continued decrease of prices and interest rates. Economists similarly expect prices to lessen even further throughout 2024. 

The full report from the Bureau of Labor Statistics can be found here

Dane County prepares for its annual fair

Dane County is getting ready to put on its annual county fair, which is set to take place at the Racine County Fairgrounds from July 18th to July 21st at the Alliant Energy Center in Madison.