And auto insurance inflation remains stubbornly high even as the overall inflation rate continues to gradually fall toward the Federal Reserve's 2% target. "There's a myriad of reasons for it," said Brian O'Connell, insurance analyst for InsuranceQuotes.com. The average cost of full coverage car insurance rose to $2,543 nationwide in 2024, a 26% increase…
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Tax supplement 2023
Inflation ticked up in February as Fed weighs rate cuts
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