MarketMinute | Why Will It Be Harder To Get Homeowners Insurance?
June's Consumer Price Index shows inflation rose only 3.2% from a year ago, possibly deterring the Fed from raising policy rates in September. Jobless claims rose last week to the highest levels in a month, coming in higher than expected and signaling some softening to the labor market. Many experts are backing off their predictions of a looming recession, with the latest economic data pointing to a possible soft landing. Available home insurance policies have dropped 53% this year. Companies are...
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