Yes. If you create a new file and save it somewhere, you can publicly access http://localhost/style.cssand change the href value on the website to <link href="http://localhost/style.css" rel="stylesheet" type="text/css">. This will force css to reload with a new stylesheet.
I don't know if there is a cleaner / faster way to do this, but it works.
However, the attempt file:///C:/Users/[username]/Desktop/style.cssdoes not seem to work, as the browser will not allow you to download this resource for security reasons.
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