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Minneapolis Fed Pres.: Gov't 'Contributed to' Inflation, Inflation 'Sideways', Need 'Many More Months' for Rate Cuts

By: Ian Hanchett · Ian Hanchett — May 28th 2024 at 21:33

During an interview with CNBC Europe on Tuesday, Minneapolis Federal Reserve Bank President Neel Kashkari stated that right now, inflation is going sideways, we need “many more months of positive inflation data” to get one to two rate cuts and government

The post Minneapolis Fed Pres.: Gov’t ‘Contributed to’ Inflation, Inflation ‘Sideways’, Need ‘Many More Months’ for Rate Cuts appeared first on Breitbart.

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Fmr. Obama Econ. Adviser El-Erian: Regulation, Spending Helped Create Inflationary Environment

By: Ian Hanchett · Ian Hanchett — May 18th 2024 at 10:55

On Friday’s broadcast of the Fox News Channel’s “America Reports,” economist, President of Queens’ College, Allianz Chief Economic Adviser, and former Obama Global Development Council Chair Dr. Mohamed El-Erian said that it will be “very hard” to get inflation from

The post Fmr. Obama Econ. Adviser El-Erian: Regulation, Spending Helped Create Inflationary Environment appeared first on Breitbart.

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Yellen: We Can Likely Be Fiscally Sustainable with 'Higher Ratio of Debt to GDP'

By: Ian Hanchett · Ian Hanchett — May 14th 2024 at 03:26

During an interview with Bloomberg on Monday, Treasury Secretary Janet Yellen stated that because interest rates are lower than they were in prior decades even with rate hikes, “we can probably manage and have a fiscally sustainable path with [a]

The post Yellen: We Can Likely Be Fiscally Sustainable with ‘Higher Ratio of Debt to GDP’ appeared first on Breitbart.

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