Inflation Expectations Surge, Pulling Down Consumer Sentiment, Casting Doubt on Fed Policy
The Fed’s one hundred basis points in cuts at the end of last year has ignited fears of surging inflation.
The Fed’s one hundred basis points in cuts at the end of last year has ignited fears of surging inflation.
On Monday’s broadcast of “CNN This Morning,” Rep. Jake Auchincloss (D-MA) stated that people take for granted that they were “allowed” “to move on to concerns about the economy, to concerns about border security” due to the 2020 election being
On Monday’s edition of NBC’s “MTP Now,” Rep. Zoe Lofgren (D-CA) stated that “We have prices that are too high for people” and the large spike in prices “has really been very troubling and difficult for a lot of American
During an interview with C-SPAN on Friday, Rep. Debbie Dingell (D-MI) stated that people are still worrying about the high prices of groceries, seeing rent increases, and “can’t afford to buy a home.” Dingell stated, “I go to Kroger on
People across America are feeling the sting of the rising cost of eggs that is in part being driven by the bird flu outbreak.
On Friday’s broadcast of CNN’s “OutFront,” New York State Sen. James Skoufis (D), who is also running to be the chair of the Democratic National Committee, stated that the Democratic Party has an issue because the American people don’t trust
Biden’s dismissal of inflation concerns wasn’t just a verbal misstep. It was a bizarre signal that Biden wasn’t in touch with the policy discussion going on across the country.
The Big Lots retailer is preparing to shut down all its stores after filing for bankruptcy and closing over 400 stores this year.
A slightly better than expected report on inflation.
Federal Reserve officials this week came as close as they are probably ever going to get to admitting that the aggressive interest rate reduction they enacted weeks before the 2024 election was a mistake.
Tariffs planned by President-Elect Donald Trump next year will not spike inflation, incoming trade advisor Peter Navarro says.
We’ve been told for four years that inflation will soon stabilize and disappear thanks to Joe Biden’s awesome stewardship of the economy, and yet…
The Fed seems bent on cutting rates again this month. Trump’s economic team is worried this could revive inflation.
On Saturday’s broadcast of the Fox News Channel’s “Fox & Friends,” DNC National Finance Committee member and former Harris-Walz Campaign Surrogate Lindy Li stated that, currently, “the economy is ailing under the Biden-Harris administration.” And that while inflation has fallen, “cumulative
Joe Biden and Kamala Harris are leaving office in a little more than a month, but their disastrous economic policies that have led to sky-high consumer prices are still being felt by ordinary Americans — especially in the streaming entertainment field.
The latest sign that the fight against inflation is not yet won.
The Federal Reserve is about to triple down on its September rate cut mistake by reducing its benchmark for a third consecutive time next week.
New York Gov. Kathy Hochul has proposed a one-time $300 payment to individuals earning $150,000 or less, her office announced Monday.
The election of Donald Trump has already sparked a turnaround in sentiment among consumers and businesses, with the vibecession falling away and the rosy-fingered dawn of a new golden age spreading from sea to shining sea.
Federal Reserve officials appear poised to repeat the mistake of September and November by cutting interest rates again when the economic data clearly calls for a pause.
On Friday’s “PBS NewsHour,” Washington Post Associate Editor and MSNBC host Jonathan Capehart stated that “among many things that I found troubling about the 2024 election” was the fact that voters decided “Gas is too high, grocery store prices are
The acceleration of inflation since the Federal Reserve cut interest rates in September suggests that the move was a mistake.
Forty-four percent of Americans hosting Thanksgiving are concerned about the cost of the event as they continue to face inflation in the Biden-Harris era, according to Deloitte survey data.
The price of Thanksgiving dinner is much more expensive in Biden-Harris’s America than when Donald Trump was in office.
The confidence of the Fed that inflation would move back to its two percent target even with lower rates looks misplaced.
The price of a Thanksgiving turkey is certainly not what it used to be.
Ending inflation and price increases is the “greatest hope” people have for the incoming Trump administration, according to the latest survey by the Harris Poll and HarrisX.
During an interview with CBS’s “The Takeout” podcast released on Friday, Sen. Joe Manchin (I-WV) said that the 17 Nobel laureates that the Biden administration used to justify spending in the American Rescue Plan were “17 educated idiots” who told
Americans may find it hard to get eggs this holiday season due to bird flu outbreaks and the economy.
On Friday’s broadcast of HBO’s “Real Time,” former DNC Chair and ABC News Contributor Donna Brazile stated that while most people agree with Democrats on policy, “they want someone to help them make ends meet. We kept talking about jobs,
On Wednesday’s broadcast of MSNBC’s “José Díaz-Balart Reports,” Congressional Hispanic Caucus Chair Rep. Nanette Barragán (D-CA) stated that “even if the economy has the lowest unemployment rate, even if you’re seeing growth in the stock market,” all of that is
On Tuesday’s broadcast of “NewsNation Now,” Rep. Henry Cuellar (D-TX) argued that Democrats “need to focus on strong border security,” and that another takeaway from the 2024 election is that “People don’t want to talk about the talk of joy,
Now that the election is safely in the past, we are finally getting some clarity about the economically damaging inflation that crippled Biden’s presidency and swept the legs out from Kamala Harris’s attempt to become the 47 president.
On Friday’s edition of NBC’s “MTP Now,” Rep. Gregory Meeks (D-NY) said that the economy and immigration were the key issues in the 2024 election and Democrats didn’t make people understand that the economy issue “all started with the pandemic”
A question we get asked a lot about is how the Federal Reserve is likely to react to President-elect Donald Trump’s tariffs. The short answer is that the Fed is likely to ignore them.
Establishment economists are threatening President Donald Trump with a new round of inflation if he restores Americans’ civil right to a secure national border.
On Thursday’s broadcast of CNN’s “The Lead,” House Minority Leader Rep. Hakeem Jeffries (D-NY) responded to a question on if Democrats are responsible for the political climate on inflation, the border, and President Joe Biden’s fitness for the job by
One of the reasons Democrats were caught off guard by the strength of support for Donald Trump across America is that they underestimated the importance of inflation and economic conditions to voters.
Republicans and independents moved to expect lower inflation while the majority of Democrats expect higher inflation.
The producer price index indicates that inflation is not yet ready to go gently into the night.