Inflation

On this week's Florida Roundup, we look at why inflation remains high in Florida and what citizens are doing to grapple with rising costs of living. Plus, the threat that warming waters cause to coral reefs.

Atlanta Federal Reserve President Raphael Bostic tells WLRN he doesn’t think interest rates need to be increased right now, even as inflation remains high in some places — particularly South Florida.

The cost of homeowners insurance in Florida has increased 100 percent over the last few years.

A recent Florida Atlantic University study shows the average rent in the Tampa Bay region is around $2,100 a month.

University of Central Florida’s Institute for Economic Forecasting Director Sean Snaith says that while inflation is lower, the decline is slow.

Harris discussed recently enacted efforts to tackle climate change during the appearance with Miami singer-songwriter Gloria Estefan.

Auto loan borrowers with credit scores between 501 and 600, known as “subprime” consumers by auto-finance insights companies, are being squeezed the most by record-high monthly payments and heightened competition in the used-car market.

Social Security benefits will increase by 8.7 percent in 2023 to adjust for cost-of-living increases. The latest data show inflation in Tampa's metro surpassed the national average with a 10.5 percent increase in prices.

Elevated prices for food, rent, gasoline and other household costs have taken a toll on shoppers. As a result, many are being more selective with what they will buy.

There's a high-stakes tug of war over new homes. Many people who signed contracts before houses were built now are scared to buy them. Builders don't want them to back out and are keeping deposits.

Of the top five issues brought up, 52% of the people surveyed listed inflation as the top one impacting their vote, with 48% bringing up the economy and jobs.

On gun control, Marco Rubio said Americans have a Second Amendment right to protect themselves, while Val Demings accused Rubio of not doing enough to change laws to prevent mass shootings.