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The consumer price index released on September 11 showed consumer prices rose 2.5% year over year in August, down from 2.9% in July — the lowest index reading since March 2021.
Vance supported the Biden administration's legislation allowing Medicare to negotiate drug prices. [198] In 2022, he cosponsored a bill to cap the price of insulin, and he supports permitting the importing of medical drugs from overseas. [199] He has said that he has no intention of repealing the Affordable Care Act. [199]
Mental accounting theory helps form the basis for girl math. The main premise of it is the organization of money into different "mental buckets", such as one mental bucket for paying rent and one mental bucket for going shopping. This affects how one perceives financial gains and losses in relative instead of absolute terms.
With the Fed poised to cut interest rates next week, the ripple effect will show up in certificates of deposit and high-yield savings accounts, which currently offer rates of more than 5%.
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