On Friday’s broadcast of CNBC’s “Squawk on the Street,” BlackRock CEO Larry Fink stated that it will be difficult to reach 2% inflation and one reason is “We have a trillion dollars of fiscal stimulus in the CHIPS Act, the
On Thursday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers member Heather Boushey stated that the March PPI inflation data, which showed the highest level in almost a year, “tempers” worries in the wake of the
John Cassidy, New Yorker staff writer and columnist on politics and economics, talks about the better-than-expected jobs report, the worse-than-expected inflation report and how both parties are responding to the perception and reality of the U.S. economy.
New monthly inflation numbers show consumer costs running hotter than expected. Gas, rent and car insurance largely drove overall inflation higher.
New monthly inflation numbers show consumer costs running hotter than expected. Gas, rent and car insurance largely drove overall inflation higher.
New monthly inflation numbers show consumer costs running hotter than expected. Gas, rent and car insurance largely drove overall inflation higher.
We are at a point in history where once again the plebs have woken up to the fact that inflation…What to read next: When Medicare refunds end up ‘somewhere’ | Albo unashamedly takes credit for union buster’s grand vision | Matt Kean’s opposition to nuclear borders on the absurd | Busywork? UN Secretary-General António ‘global boiling’ Guterres appoints Julie Bishop as special envoy to Myanmar
People Are Not Inflation Idiots Authored by Jeffrey A. Tucker via The Epoch Times (emphasis ours), (BearFotos/Shutterstock) Commentary There’s something about employed intellectuals. When they are trashing popular wisdom and perceptions of regular people, they are truly in their element. They love nothing better. It’s a way for them to show off their superior understanding, flash their credentials, and dazzle others with the merit of their time and expense in schooling. It...
Part and parcel of going to live sport is paying through the roof for food and drink before getting trapped in a merchandise shop and pressured into spending millions of dollars on shirts, bucket hats and umbrellas. But at the Masters, which take place across this weekend, that’s not necessarily the case.
The inflation hawks took March’s CPI as cause for celebration, inflation may not be dead yet. There is no doubt that it was a disappointing report for those hoping we could put the pandemic inflation behind us, but there still is not much basis for thinking the Fed needs to get out the nukes and start shooting big-time. More
INFLATION NEVER WENT AWAY. The government announced Wednesday morning that inflation rose 0.4% in March, part of a 3.5% increase on an annual basis. The rise, which clearly means that inflation is not subsiding, took some big media outlets by surprise. The New York Times said the increase in prices was “unexpectedly sharp.” The Washington Post […]
Inflation was hotter than expected in March, leaving South Texas families and businesses crushed under Bidenflation. Groceries are up 21.1%, rent is up 20.9% and electricity is up 28.3% since Biden took office, and Vicente Gonzalez has supported the Bidenflation agenda 97% of the time. He even voted for the “Inflation Reduction Act” which has been cited as the source of the cause of this runaway inflation. “Vicente Gonzalez enabled the economic disaster