On Tuesday’s broadcast of CNN’s “Inside Politics,” NPR White House Correspondent Franco Ordoñez stated that the August Consumer Price Index (CPI) numbers are “a wrench” in President Joe Biden’s plan to “turn this liability of the economy into a positive.” And
On Monday’s broadcast of CNN’s “New Day,” CNN Business Editor at Large and host Richard Quest stated that inflation will “continue to rise for the foreseeable future. It might slow down a bit, but prices are going to continue to
Seventy-nine percent of adults believe the American economy is in bad condition, and Democrats are contributing to that view.
A majority of Americans surveyed think the best indicator of an economic recession is inflation, according to a recent The Economist/YouGov poll.
On Tuesday’s broadcast of C-SPAN’s “Washington Journal,” Moody’s Analytics Chief Economist Mark Zandi stated that price gouging is not “a significant factor here in the high inflation that we’re observing,” and “I don’t think the reason why consumer price inflation
The cost for diesel fuel — used by farmers and truckers to supply Americans with products they need — is up 75 percent from last year.
Academy Award-winning actor Jon Voight posted a video Saturday on “freedom,” accusing President Joe Biden of having “lowered our nation’s standards and heightened our prices for his benefit,” while calling to “build up our country” and asserting Americans would “stand our ground for our truths” in the face of the nation’s temporary decline.
On Tuesday’s broadcast of CNBC’s “Squawk on the Street,” National Economic Council Director Brian Deese said that if we continue to act now, we’ll see “moderation in the price increases through the second half of next year.” Deese said, “I
Get ready for the most expensive Thanksgiving ever.
During a town hall on CNN on Thursday, President Joe Biden said that whether inflation lasts well into next year will depend on whether we make needed investments, and “If we stay exactly where we are,” inflation will last for
During an interview with ABC News on Thursday, Deputy Treasury Secretary Wally Adeyemo stated that the economy is in transition, “and as part of that transition, we are seeing high prices for some of the things that people have to buy.”
On Wednesday’s broadcast of CNN’s “OutFront,” University of Chicago Economics Professor and Chairman of the Council of Economic Advisers under former President Barack Obama Austan Goolsbee stated that he feels the supply chain issue and its upward pressure on prices
During a portion of an interview broadcast on Tuesday’s “CBS Evening News,” Treasury Secretary Janet Yellen said that as “we get the pandemic under control, the global economy comes back,” price pressures will be mitigated and prices will go back
The Consumer Price Index shows prices jumping even higher in July.
On Monday’s “CNN Newsroom,” New Jersey Gov. Phil Murphy (D) stated that enhanced unemployment benefits might be one cause of labor shortages, one way that the shortage is being resolved is by increasing wages, which Murphy conceded “may be a
Price hike announcements are feeding fears that inflationary pressures may be stronger than anticipated.
The price of men’s suits have fallen by more than 20% compared with a year ago.
A big jump after months of the federal government’s massive fiscal response to the coronavirus pandemic.
The Consumer Price Index showed that prices for many goods and services ticked up a bit in June but no sign of rising inflationary pressure.
Margins were squeezed in June as the economy grappled with an unsteady reopening, rioting, and widespread social unrest.
Beef prices jumped 69 percent in May, according to the Producer Price Index.
The latest Producer Price Index data debunks the idea that tariffs have squeezed American consumers.
For the second month in a row, the survey of manufacturing businesses in New York came in better than expected.
Inflation has been slowing down for the last two months, suggesting that the Fed will not hike rates this year.
The biggest surprise: prices of materials for consumer goods are falling and business margins are improving.
A federal requirement requiring hospitals to post how much they charge for their services online will go into effect on January 1, 2019.
Prices of goods imported from China actually fell after new tariffs kicked-in.
There’s a mysterious category in PPI called “trade services” that might have created an illusion of inflation in October.
Farm deflation could pressure the Fed to back off on interest rates.
Still no signs that tariffs are a “tax on consumers.”
