As I write, Israel has yet to respond to last week's Iranian drone and missile attack. The situation is fluid, but we do know that President Biden opposes an Israeli response. He's told Prime Minister Benjamin Netanyahu not to escalate against Iran. "You got a win," Biden said to Bibi. "Take the win."
WASHINGTON >> A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid.
Democrats, and the opinion-makers who support them, just can’t seem to figure out why voters are still sour on the Biden economy. Writing for New York Magazine, Jonathan Chait made the case that “Paul Krugman Is Right About the Economy, and the Polls Are Wrong.” “One of the most uncomfortable arguments to make in America […]
It's a tough case to sell that higher interest rates today are having a substantially negative impact on the course of the economy.
Federal Reserve Chair Jerome Powell signaled policymakers will wait longer
Federal Reserve Chair Jerome Powell signaled policymakers will wait longer
Federal Reserve Chair Jerome Powell signaled policymakers will wait longer
Federal Reserve Chair Jerome Powell signaled policymakers will wait longer than previously anticipated to cut interest rates following a series of surprisingly high inflation readings.
'Each of the warnings has come to pass' The post Biden Told in Advance Bad Things Would Follow Disastrous Afghanistan Pullout first appeared on The Foreign Desk | by Lisa Daftari.
Today, the Commerce Department released a snapshot of its growth report for the first quarter. The country’s gross domestic product (GDP) grew by just 1.6 percent, its slowest pace in nearly two years. Further, inflation rates have also risen dramatically. Many economists are describing this as “the worst of both worlds.” Economists polled by Reuters […]
Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates. “Recent data have clearly not given us greater confidence” that inflation is coming fully under control and "instead indicate that it’s likely to take longer than expected to achieve that confidence,” Powell said during a panel discussion. “If higher inflation does persist,” he said, “we can...
Behold the latest installment of media types fretting over the current course of the presidential election. In this instance, Politico Senior Political Columnist Jonathan Martin lamenting that the current trajectory of the election, a referendum on President Joe Biden, augurs the reelection of former President Donald Trump on this week’s installment of ABC This Week. Watch as J-Mart and host Jon Karl discuss the election’s current trajectory, as aired on ABC This Week on Sunday, April 21st,...