inflation

On Thursday’s broadcast of “CNN News Central,” Rep. Ami Bera (D-CA) said that voters should trust him to lower costs despite them being so high in California “because we’re going to have to build more houses. We’re going to have to

September’s inflation reports came drenched in gasoline. Unfortunately, there are signs that inflation is heating up outside of the energy complex.

The consumer price index rose 0.6 percent in September compared with August, driven higher by rising gasoline prices, the Labor Department said Wednesday. Over the year, the consumer price index is up 3.7 percent.

During a town hall on NewsNation on Tuesday, Rep. Madeleine Dean (D-PA) defended the record of the Biden administration on inflation by stating that “we passed the Inflation Reduction Act” during his time in office. Dean said, “Look what this administration

“If this is all because of higher growth, that’s a good thing,” Waller said at a Bloomberg event in New Delhi Tuesday.

Treasury Secretary Scott Bessent fired back Friday at Sen. Elizabeth Warren’s new “Trumpflation” tracker, accusing the Massachusetts Democrat of cherry-picking economic data to obscure gains in Americans’ purchasing power under President Donald Trump. “Another day, another Econ 101 lesson for

The New York Fed’s new tariff paper doesn’t really show that tariffs pushed inflation higher, but it does appear to show that the rise in the price of tariffed goods was met with a decline in the price of the non-tariffed goods.

The New York Fed has posted yet another paper which is widely being read as showing that tariffs have pushed up consumer prices. In reality, the paper shows no such thing.

While inflation has been running stubbornly high, American paychecks are growing even faster than prices are rising. Real weekly wages rose 0.3 percent in August compared with a year earlier, the third straight month of inflation-adjusted year-over-year pay gains. Real

Diesel prices are high right now, but they are not at record highs in inflation-adjusted dollars.

The average private-sector paycheck has grown faster than prices since President Trump took office, Bureau of Labor Statistics figures show. And in recent months, real pay is growing even faster.

The gap between household economic sentiment and economic fundamentals has become a chasm.

The Fed’s preferred measure of inflation rose by much less than expected in August, data from the Commerce Department showed Friday.

Americans’ confidence in the economy plunged to its lowest level since 2014 in September as rising fuel costs intensified inflation worries and households grew more pessimistic about business conditions, jobs, and their own finances. The Conference Board said Tuesday that

“Our decision comes at a time when the economy appears to be strengthening,” Fed chairman Kevin Warsh said at a press conference on Wednesday.

On Tuesday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Troy Downing (R-MT) stated that Federal Reserve Chair Kevin Warsh doesn’t have any choice but to hike rates due to inflation numbers “not hitting the target” and hiking rates is “the

It’s almost a certainty that the Federal Reserve will raise interest rates on Wednesday. But the Fed could afford to wait—and probably should.

The consumer price index rose 0.4 percent compared with July, driven higher by rising gasoline prices, the Labor Department reported Friday. Over the year, the consumer price index is up 3.4 percent.

On Thursday’s broadcast of “CNN News Central,” Rep. Buddy Carter (R-GA) defended President Donald Trump’s proposed $5,000 check by saying that while there has been progress made on inflation and stimulating the economy during the Trump administration, “people are hurting,

Oil prices jumped to their highest levels since May amid renewed fighting in the Persian Gulf and investor concerns that the war in Iran will persist longer than previously thought. Brent crude futures crossed above $107 a barrel and WTI

Trump Economic Advisor Christopher Phelan said that President Donald Trump’s plan to reduce inflation is working, and added that he sees “no reason to raise rates.”

Trump Economic Advisor Christopher Phelan said at Breitbart’s State of the Economy event on Tuesday that job gains have soared higher than 77 economists’ predictions.

Sunday on NBC’s “Meet the Press,” Sen. John Kennedy (R-LA) said inflation is “gutting the middle class like a fish.” Kennedy said, “Inflation is a big if, and it’s gutting people like a fish. Inflation is pernicious. And we’ve had

On Friday’s broadcast of Bloomberg’s “Open Interest,” White House Council of Economic Advisers Chairman Christopher Phelan responded to a question on whether the White House has any further policies lined up to deal with inflation by pointing to Fed Chairman

On Friday’s broadcast of Bloomberg’s “Open Interest,” White House Council of Economic Advisers Chairman Christopher Phelan responded to a question on hourly earnings not keeping up with inflation by saying that “Part of the booming economy that we’re having in

America appears to be building its way to disinflation.

Congress should act and raise the house exemption, updating an existing law that has not been updated in nearly 30 years, Chuck Flint, CEO of Coalition For Affordability and Prosperity, said during an appearance on Breitbart News Daily.

Iranian President Masoud Pezeshkian said on Tuesday that his government is prepared to return to talks and resume honoring its commitments under the June 17 Memorandum of Understanding (MOU), which Iran violated by attacking commercial ships in the Strait of Hormuz.

President Donald Trump declared Iran to be a “Failed Nation” and continued to criticize Iranian leadership for being “in total disarray” and being “incapable” of representing Iranian citizens.

Warsh’s comments sent odds of a September rate hike soaring.

No signs of inflationary pressure that would cause the Fed to raise interest rates.

Treasury Secretary Scott Bessent declared Tuesday that Iran’s leadership is already “panicking” under President Donald Trump’s mounting economic offensive — pointing to stark warnings from Tehran’s own president and parliament speaker about the country’s deteriorating economy while vowing to continue severing the regime’s financial lifelines until it “stands alone.”

The reaction to the rise in longer-term bond yields from many in the financial media has been overwhelmingly negative. The question is why?

Iran’s currency, the rial, hit a record low over 2.02 million to the U.S. dollar on Monday as the Trump administration prepared to unveil its “Economic D-Day” maximum sanctions against Tehran.