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FRIDAY | November 11, 2022 | $1.00
DAILYREPUBLIC.COM | Well said. Well read.
US inflation slows more than forecast Gives Fed downshift room Tribune Content Agency U.S. inflation cooled in October by more than forecast, offering hope that the fastest price increases in decades are ebbing and giving Federal Reserve officials room to slow down their steep interest-rate hikes. The consumer price index was up 7.7% from a year earlier, the smallest annual advance since the start of the year and down from 8.2% in September, according to a Labor Department report Thursday. Core prices, which exclude food and energy and are regarded as a better underlying indicator of inflation, advanced 6.3%, pulling back from a 40-year high in the prior month. The core consumer price index increased 0.3% from the prior month, while the overall CPI advanced 0.4%. Both increases as well as the monthly rises were below the median economist estimates. While the deceler-
ation in core prices is welcome news, inflation remains much too high for comfort for the Fed. Chair Jerome Powell, who said earlier this month that officials need to see a consistent pattern of weaker monthly inflation, also indicated interest rates will likely peak higher than policy makers previously envisioned. Declines in the price gauges for medical care services and used vehicles restrained the core measure. Higher shelter costs contributed to more than half of the increase in overall CPI. Treasury yields plunged while U.S. stock futures surged and the dollar index tumbled. Traders moved closer to pricing in a half-point Fed hike in December, rather than 75 basis points, and cut to below 5% where they see the peak rate coming next year. The median estimates See Inflation, Page A9
Ukraine cautious over Russia’s Kherson exit as army advances Tribune Content Agency Kyiv expressed caution about Russia’s announcement its troops are abandoning the Ukrainian city of Kherson, the first major regional center seized in its invasion, in what would be a highly symbolic reverse for President Vladimir Putin. Ukraine’s General Staff said Thursday it couldn’t confirm or deny a pullback after Russian Defense Minister Sergei Shoigu ordered troops to withdraw from the western bank of the Dnipro River and move to the other shore. Ukrainian troops have advanced 4 miles in two directions in Kherson region over the
past 24 hours, liberating 12 towns and more than 260 square kilometers of territory, Valeriy Zaluzhnyi, commanderin-chief of Ukraine’s armed forces said on Telegram. “The likely pullout from Kherson is the result of our active operations,” he wrote. Russia is moving weapons, equipment and units, but their forces still remain on the western bank of Dnipro river in Kherson, military spokeswoman Nataliya Humeniuk said on TV. After Ukraine’s forces cut off their supply lines and pressured them at the front in the area, Russian troops and occupation authorities had been pulling out of Kherson and across See Ukraine, Page A9
Aaron Rosenblatt/Daily Republic
Junilda Sanchez scans ballots at the Government Center in Fairfield, Thursday.
Moy, Williams solidify election leads after vote count update
Todd R. Hansen
THANSEN@DAILYREPUBLIC.NET
FAIRFIELD — Catherine Moy and Wanda Williams solidified their leads in the elections for the Fairfield mayor and 3rd District supervisor races. Moy is not ready to declare a victory with a 10,248 to 9,856 vote lead after Thursday’s count, numbers posted by the Solano County Registrar of Voter Office. However, she hopes four-time incumbent Mayor Harry Price takes steps to make the transition easier. “I’m going to give Harry time . . . but I would like for Harry to concede,” Moy said. She said she believes she has the support of the community and said it is time to move forward.
MOY
“I know people know I love Fairfield and how hard I work for them,” Moy said in a phone interview. Moy also knows she has fences to mend after saying some of her colleagues are corrupt, an accusation she has said she would clarify with names and details after the election. Williams, a Suisun City councilwoman, could not be reached Thursday for comment, but she
Officials wait to see if Halloween bump is start of winter surge Todd R. Hansen THANSEN@DAILYREPUBLIC.NET
MATYAS
FAIRFIELD — Solano County health officials believe the Halloween holiday explains the bump in coronavirus cases over the past week, but are watching to see if the jump in cases is also the start of the winter surge. Dr. Bela Mayas, the county public health officer, said Thursday that two years
simoneyesmd.com
There were 374 new coronavirus cases reported Thursday, 316 of which were from the actual sevenday period. That represents a daily average of 45.14, while the 10-day average rose from 43.7 to 51, the county reported. The bulk of the new cases were reported in Vallejo, with 126, and Vacaville, with 107. That sets the See Surge, Page A9
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ago Halloween marked the beginning of the surge, but last year the surge started several weeks later. Public Health also is looking to see what effect the new omicron-specific vaccine has on the surge – or at least the level of illness of those who are infected. There were 149 booster shots administered since the last update Nov. 3, taking the total booster count to 182,638, the county reported.
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WILLIAMS
extended her advantage to 57.58% of the vote after the Day 3 count. The vote tally was 9,829 for Williams and 7,242 for Fairfield Councilman Chuck Timm, the Solano County Registrar of Voters Office reported. The county Elections Office will not be open Friday due to Veterans Day and will resume the count Monday. In other races, the election for the District 1 seat on the Fairfield City Council is separated by 12 votes after Thursday’s count. K. Patrice Williams holds that narrow advantage over Nora Dizon, 1,729 to 1,717. George Kennedy is a distant third with 1,387 votes. The Suisun City council seats still have to be decided, too.
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