On Wednesday’s broadcast of NewsNation’s “On Balance,” House Ways and Means Committee Chairman Rep. Jason Smith (R-MO) stated that “People are struggling, and it’s because of multiple factors, but high interest rates, they need to come down. A quarter point
Welcome to the inaugural Friday Wrap, our weekly survey of the economy, Wall Street, Silicon Valley, and the bureaucrats who pretend they can read the future by staring at spreadsheets.
Once again, the consumer price index has failed to deliver the tariff-inflation spiral that economists and the media have promised.
Inflation rose in August but there was no evidence of broad tariff pass-through to consumers.
The August producer price report delivered yet another blow to the doomsayers who predicted President Donald Trump’s tariffs would ignite inflation.
Prices paid to U.S. businesses unexpectedly fell in August, putting pressure on the Federal Reserve to cut interest rates and undercutting claims that the Trump administration’s tariffs would cause inflation to pick up.
For two years in a row, the cheerleaders of Bidenomics assured us that any discontent was in our heads—a trick of bad vibes and social media. It turns out the voters were right, and the official statistics were wrong.
Trump’s immigration enforcement has delivered something rare in American politics: a policy that does exactly what its supporters promised.
The Federal Reserve’s Beige Book reveals the hidden mechanism dampening inflation pass-through from tariffs.
The United States is experiencing lower goods inflation than most of its international peers despite a modest recent increase, according to a new analysis from the Council of Economic Advisers that seeks to counter claims that trade policies are fueling higher prices.
The Democratic Congressional Campaign Committee (DCCC) is running misleading and counterintuitive ads blaming Republicans for inflation ahead of Labor Day, using foreign stock footage of an Asian beer brand and passing it off as an American beverage.
Inflation held steady in July, with the Federal Reserve’s preferred price gauge showing a slight deceleration in cost pressures and defying predictions from Fed Chairman Jerome Powell that tariffs would push up consumer prices.
President Donald Trump said on Tuesday that the average American worker has seen a $500 wage increase this year and blue-collar wages are rising at the highest rate in six decades.
America’s factories are humming, demand is solid, and prices are rising alongside precautionary inventories. The Fed’s theory inflation “lag theory” doesn’t explain this.
By the time Federal Reserve Chairman Jerome Powell climbs the stage at Jackson Hole this Friday, the familiar choreography will be missing one element: consensus.
Inflation and prices still reign as the top issue of importance for Americans, according to the latest weekly survey from the Economist/YouGov.
White House press secretary Karoline Leavitt laid out on Tuesday why “panicans” are wrong in their doubt of President Donald Trump when it comes to the economy, as wages continue to outpace inflation.
Speaking with Breitbart News Treasury Secretary Scott Bessent broke down how official inflation numbers understate the economic pain felt by working class Americans, pointing to steep price hikes in essentials like rent, used cars, and insurance and laying out how the Trump administration plans to reverse the damage.
On Friday’s broadcast of Newsmax TV’s “American Agenda,” former Trump Economic Adviser Stephen Moore stated that “inflation is moderate,” and that’s especially true “given the fact that we have these trade deals coming. That will alleviate any higher price pressure
The Federal Reserve’s latest FOMC minutes offer a peek into the mind of an institution trying to explain why its insistence that tariffs would trigger inflation keeps misfiring.
The Democrat party tried to skewer President Donald Trump on grocery prices in a social media post on Thursday, but its attempt failed.
During an interview on CBS News on Tuesday, Rep. Joyce Beatty (D-OH) argued that economic indices on the stock market, employment, and inflation are just being made up by the Trump administration and “what they’re reporting are just numbers and
President Donald Trump’s economy is showing strong signs 6 months into his presidency, according to numerous key National Economic Council data points shared with Breitbart News.
The monolithic thinking about tariffs and inflation at the Fed has been shattered, as Fed Governor Chris Waller shows leadership by breaking with Jerome Powell.
Waller says that tariffs will not create lasting inflation and the Fed should cut at its meeting later this month.
U.S. import prices rose modestly in June, suggesting little evidence of inflationary pressure from foreign-sourced goods, according to data released Thursday by the Bureau of Labor Statistics. The import price index increased 0.1 percent last month, following a downwardly revised
During an interview with CBS News on Wednesday, Sen. Elizabeth Warren (D-MA) stated that “the topline numbers look good” in the economy but “if Donald Trump doesn’t change direction, he’s going to blow this economy up.” Warren said, “So, I’ll
The June Producer Price Index (PPI) delivered another blow to the inflation hawks who insist tariffs are driving up prices.
Prices paid to American businesses for goods and services held steady in June, defying predictions that tariffs would create inflationary presssures in the U.S. economy.
On Tuesday’s broadcast of NewsNation’s “The Hill,” Rep. Ryan Zinke (R-MT) said that tariffs ultimately have to lead to trade deals with the E.U. and China and “having tariffs out there, even though there’s more income coming into the Treasury,
On Tuesday’s broadcast of “NewsNation Now,” Rep. Henry Cuellar (D-TX) responded to a question on if Democrats can turn immigration into a winning issue for themselves in the 2026 midterm elections by stating that “Some of us, myself and other
On Tuesday’s broadcast of Newsmax TV’s “Rob Schmitt Tonight,” White House Senior Counselor for Trade and Manufacturing Peter Navarro stated that the June inflation number “was a good number” because “it was below expectations, which I think is the key figure.”
June’s CPI data showed what tariffs can do and what they haven’t done. They’ve jiggled a few prices, but they haven’t unmoored the economy.
Consumer prices continue to defy predictions that tariffs would create inflationary pressures.
On Friday’s “Alex Marlow Show,” host and Breitbart Editor-in-Chief Alex Marlow talked with Breitbart News economics editor John Carney about wage gains outpacing inflation.
In a recent series of Truth Social posts, the president made the case that the strength of the U.S. economy justifies lower interest rates.
President Donald Trump declared Thursday that the United States is officially “back” and called on the Federal Reserve to lower interest rates.
If you were wondering how Federal Reserve officials view Donald Trump’s tariff plans, the latest Federal Open Market Committee (FOMC) minutes make one thing perfectly clear: they all think tariffs are inflationary.
President Donald Trump has been on a serious winning streak nearly six months into his second term.
Andy Jassy, Amazon’s chief executive, said Monday that newly enacted tariffs on Chinese goods have not led to meaningful price increases on the company’s platform, joining a growing body of evidence suggesting that recent trade measures have not produced the
