New York will soon be sending inflation refund checks to eligible residents. Gov. Kathy Hochul is announcing how exactly it works.

New York will soon be sending inflation refund checks to eligible residents, Gov. Kathy Hochul says. Rosamund Pike says her audition for “Die Another Day” almost went too far. In a recent sit-down with Harper’s Bazaar UK,

New York state plans to send out its first-ever “inflation relief” rebate checks to taxpayers starting this fall, part of a plan from Gov. Kathy Hochul to put a little cash back into people’s pockets with the cost of living so high.

Price growth has cooled, including in key areas like groceries, but analysts say Trump's evolving trade war has made it harder to get a clear read on the economy.

The Federal Reserve will have little reason to change its wait-and-see stance as a result of April's inflation reading from the consumer-price index. The figures were largely in line with the expectations of forecasters who closely track how the Labor Department measures inflation.

Inflation eased to a four-year low in April as the nascent impact of President Donald Trump’s sweeping tariffs were offset by their cost-dampening effects in a slowing economy. Overall consumer prices increased 2.