Here’s something that our Fed can’t do anything about, inflation-wise: coconut prices have doubled due to extreme weather events. (More on weather and climate below.) The Federal Reserve doesn’t control U.S. property taxes either, and they’ve jumped an average of 10.4 percent between 2021 and 2023, with wide variations across the 50 largest metro areas, from just $1,091 in Birmingham to nearly $10,000 in New York City, according to a new LendingTree analysis.
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