Just 12 acres, but there facing elevated fire danger this weekend. Hello again, im frank somerville. And im julie haener with hot and windy weather in the forecast a fire weather watch goes into effect saturday morning. We get live coverage now from ktvu the debora villalon. Its believed landscaping work sparked todays fire. Reporter a mower, trimming high grass for fire prevention. But in the heat of the mitt day , all it took was a spark, setting off a big response and a lot of stress for residents who have artie been through so much. A firefight by air and ground north of santa rosa. It was out in about 90 minutes. 12 acres burned, but caused some outsized alarm, scorching the same area, even reprinting the scar of the huge tubs fire three years ago. I was angry. That i thought was anger. We just put this house together and moved in. Reporter this newhouse, occupied in only four weeks, replaces the one destroyed in 2017. To see fire racing at it once again it was 1053 days to build
Inflation before raising rates again. Toricane effects are going make the data hard to read in the coming months. Inflation is going to be temporarily boosted by the hurricane. Unlikely to materially alter mediumterm economic activity. The labor market seems to be looking good to the federal reserve. They noted that the Unemployment Rate is back to prerecession levels. The fed is feeling pretty good the unemployment situation and inflation moving back up to 2 . They are getting a little bit wary about the slowdown in inflation. I think the keywords are that many officials are concerned that the low inflation thing is not just a transitory effect. Lets get a check on the Market Reaction to fed minutes. Julie right now we are not seeing much of a stock reaction. Its an unusually tight trading range and Small Movement even for stocks given the recent environment we have seen. Lets take a look at the intraday chart to see if any move is any more clear for the s p 500. We are not seeing muc
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