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On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the April Personal Consumption Expenditures (PCE) index by stating there has been a consensus that “the kind of stall in disinflation
The post White House on Annual Core, Overall PCE Holding, Monthly Core Dropping 0.1%: Still Have Good Disinflationary Forces appeared first on Breitbart.
On Friday’s broadcast of HBO’s “Real Time,” CNN Senior Political Commentator and former Obama adviser David Axelrod stated that while President Joe Biden has “a lot to be proud of” economically, “the big but is, cost of living, inflation. Yes,
The post Axelrod: Biden Has ‘a Lot to Be Proud of’ Economically, Just Not in ‘How People Are Experiencing the Economy’ appeared first on Breitbart.
On Friday’s edition of NBC’s “MTP Now,” NBC News White House Correspondent Mike Memoli stated that “the Biden team has seemed to concede that there’s nothing they’re going to be able to do to fix the inflation problem” and are
The post NBC’s Memoli: Biden Team Has Given Up on Trying ‘to Fix the Inflation Problem’ and Is Trying to Argue Style appeared first on Breitbart.
The Fed meeting minutes released on May 22 mentioned "various officials" worrying that rates might not be as restrictive as thought.
The post Breitbart Business Digest: Is the Fed’s Monetary Policy Still Too Loose? appeared first on Breitbart.
Walgreens is lowering prices on more than one thousand items as other corporations also battle inflation in President Joe Biden's America.
The post Bidenflation Backlash: Walgreens Joins Amazon, Target, Walmart, Cutting Prices on Thousands of Items appeared first on Breitbart.
Nolte: The far-left welfare queens and McCarthyites at NPR are freaking over His Fraudulency Joe Biden’s “glaring” problems with young voters.
The post Nolte: Far-left NPR Admits Biden’s Problem with Young Voters Is ‘Glaring’ and Economic appeared first on Breitbart.
It is becoming clearer with each passing day that there will be no interest rate cuts in the immediate future—and maybe not even in the distant future.
The post Breitbart Business Digest: High Rates Here to Stay – Sorry, Biden! appeared first on Breitbart.
Neel Kashkari said that “dramatic increase in immigration” is boosting housing demand, adding to inflation and keeping the Fed from cutting interest rates.
The post Fed President Kashkari: Immigration Surge Keeps Inflation and Interest Rates Sky-High appeared first on Breitbart.
Lending Tree surveyed 2,000 American adults and found 78 percent now consider fast food a luxury.
The post Nolte: Bidenflation Turned Fast Food into ‘Luxury’ for 78% of Americans appeared first on Breitbart.
Because no national figures ever actually go there to interact with the residents, the people of the Bronx are often spoken for, and caricatured, by media and politicians claiming to represent them.
The post Morris: MIA New York Democrats Don’t Know Their Constituents appeared first on Breitbart.
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.
The Conference Board's monthly measure of consumer confidence is another piece of evidence suggesting that the economy accelerated in May.
The post Breitbart Business Digest: Inflationary Growth Is Blooming Again appeared first on Breitbart.
Consumer confidence rose in May but households' assessments of their financial health worsened and inflation expectations rose.
The post Despite Surprise Boost in Consumer Confidence, Recession Fears Rose in May appeared first on Breitbart.
After three months of rough inflation news, the April data is expected to give Fed officials at bit of a breather.
The post Fed’s Favored Inflation Gauge Expected To Soften This Week appeared first on Breitbart.
High mortgage rates are holding back the supply of homes for sale, putting homes out of reach for many Americans.
The post Home Prices Soar to Record High, Squeezing Affordability appeared first on Breitbart.
Just 40 percent of the public approve of Biden's handling of the economy. Trump gets a 62 percent approval rating.
The post Swing State Poll Shows Trump Trouncing Biden on Inflation and Economy appeared first on Breitbart.
Who invited Bidenflation to the cookout? Hamburger prices are up six percent and hot dog prices up 7 percent.
The post Cruel Summer: Bidenflation Pushes Memorial Day Cookout Costs Up 10% appeared first on Breitbart.
Voters worry more about Joe Biden's inflationary and open border policies than Donald Trump's abortion policy, per a poll.
The post Poll: Joe Biden’s Rising Costs, Open Border More Worrisome than Donald Trump’s Abortion Policy appeared first on Breitbart.
While Wall Street has finally come around to the view that interest rates are likely to stay higher for longer, it may still be underestimating just how high and how long.
The post Breitbart Business Digest: Rates Will Stay Higher for Longer appeared first on Breitbart.
Americans are bracing for a cruel summer as consumer sentiment takes a significant hit, driven the impression that we cannot shake off persistent inflation and the view that the economy is not out of the woods. The University of Michigan’s
The post Cruel Summer: Consumer Sentiment Plummets as Inflation Fears Grip the Nation appeared first on Breitbart.
Businesses stay optimistic as inflation stubbornly persists and Fed keeps rates high.
The post U.S. Economy Picks Up Speed, Defying Fed Attempts To Cool Inflation and Growth appeared first on Breitbart.
The April-May minutes have a much more hawkish tone than the summary of the previous meeting.
The post Fed Minutes Show Officials Willing To Hike If Needed appeared first on Breitbart.
Fifty-six percent of Americans believe President Joe Biden's economy is in recession and a majority blame the president, a poll found.
The post Guardian Poll: Majority Say U.S. Is in Recession, Blame Biden appeared first on Breitbart.
During an interview with Sky News host and NBC Contributor Wilfred Frost on Tuesday, Treasury Secretary Janet Yellen stated that inflation has declined from where it was and she believes “it will stabilize in the next year or so.” In response
The post Yellen: Inflation Has Fallen, I Think ‘It Will Stabilize in the Next Year or So’ appeared first on Breitbart.
Former President Donald Trump ripped President Joe Biden's release of gas reserves on Tuesday and predicted that gas prices would soar to $10 dollars a gallon if Biden is reelected.
The post Donald Trump Rips Biden’s Release of Gas Reserves: ‘He’s Unable to Drill Properly’ appeared first on Breitbart.
Progress on inflation has been very slight, so any rate cuts will have to wait until the Fed has several more months of data on inflation, Waller said.
The post Fed’s Waller Says Rate Cuts Will Have To Wait Until ‘Several More Months’ Of Good Inflation Data appeared first on Breitbart.
Breitbart News economics editor John Carney said Tuesday on Fox Business Network's "Kudlow" that it was incorrect for President Joe Biden to blame corporate greed for inflation.
The post Carney on Kudlow: ‘They Can’t Say It with a Straight Face’ — Biden Blames Corporate Greed for Inflation But It’s Just Not True appeared first on Breitbart.
You can add the collapse of the U.S. consumer to the list of things that nearly everyone has been expecting but shows no signs of actually occurring.
The post Breitbart Business Digest: We’re Still in a No Landing Economy appeared first on Breitbart.
Americans are not only suffering from "Bidenflation" but "tipflation" as well, an April survey from Talker Research found.
The post Survey Shows ‘Tipflation’ Affecting Americans’ Wallets appeared first on Breitbart.
On Friday’s broadcast of Bloomberg’s “Surveillance,” Bloomberg columnist, economist, President of Queens’ College, Allianz Chief Economic Adviser, and former Obama Global Development Council Chair Dr. Mohamed El-Erian stated that the “sustainable energy” transition has helped create “a world that’s subject
The post Fmr. Obama Econ. Adviser El-Erian: Green Energy Transition Helped Create Higher Inflation Environment appeared first on Breitbart.
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.
At least six establishment media outlets fact checked President Joe Biden's repeated false claim that inflation was nine percent when he "came into office."
The post Multiple Establishment Media Outlets Fact Check Biden’s Repeated False Inflation Claim appeared first on Breitbart.
While speaking at the Minnesota Republican Party's annual Lincoln Reagan Dinner on Friday evening, former President Donald Trump blasted Bidenomics, rising inflation, and the high cost of groceries.
The post Trump: Biden ‘Has Made It Impossible’ for Americans to Buy Cars, Homes appeared first on Breitbart.
The Job Creators Network's (JCN) latest Times Square billboard calls out President Joe Biden and his administration's false and misleading statements about inflation being nine percent when he took office.
The post Job Creators Network Hammers Biden’s Bogus Inflation Numbers With Massive Times Square Billboard appeared first on Breitbart.
American progressives are in a state of high dudgeon, gnashing their teeth at the realization that the American people favor Donald Trump's economy over Joe Biden's.
The post Breitbart Business Digest: The Real Reason Americans Prefer Trump’s Economy to Biden’s appeared first on Breitbart.
Walmart is reporting an increase in sales as shoppers have reportedly been buying more groceries due to rising fast food prices.
The post Report: Walmart Sees Increase in Sales as Shoppers Buy More Groceries over Rising Fast Food Prices appeared first on Breitbart.
During an interview with Bloomberg on Thursday, JPMorgan CEO Jamie Dimon stated that he sees “a lot of inflationary forces in front of us” including “the green economy, the remilitarization of the world, the infrastructure requirements, the restructuring of trade,
The post Dimon: ‘Green Economy’ Is Inflationary appeared first on Breitbart.
Jerome Powell might want to look away from the stock market. It's making a mockery of the idea that financial conditions are sufficiently restrictive.
The post Breitbart Business Digest: Dow 40,000 appeared first on Breitbart.
On Wednesday’s broadcast of the Fox News Channel’s “Special Report,” Rep. Dean Phillips (D-MN) stated that President Joe Biden needs “a major course correction, acknowledgment of inflation, the immigration crisis, and real attention to addressing both of those issues,” and
The post Dem Rep. Phillips: Biden Needs ‘Major Course Correction,’ ‘Real Attention’ on Fixing Inflation, Border or Face ’24 ‘Wipeout’ appeared first on Breitbart.
The White House says that you shouldn't take Joe Biden literally when he says inflation was nine percent when he took office—and tries to dodge responsibility for the price surge that has plagued his presidency.
The post Fact Check: White House Tries to Justify Biden’s Lies on Inflation appeared first on Breitbart.
One month's worth of data does not make a trend—unless it fits the consensus narrative that the Fed is going to cut interest rates a few times this year.
The post Breitbart Business Digest: Fed Is Still Not Cutting in September appeared first on Breitbart.
The National Institute of Statistics and Census of Argentina (INDEC) announced on Tuesday that inflation in Argentina continued its downward trend in April, reaching an 8.8 percent rate that month and dropping to a single digit for the first time in six months.
The post Argentina: Inflation Drops to 8.8%, Reaching Single Digits for First Time in 6 Months appeared first on Breitbart.
Home builder sentiment unexpectedly turned negative in May as high rates and new regulations hit the sector.
The post Lack of Progress on Inflation Pushes Homebuilder Sentiment Back Into Negative Territory appeared first on Breitbart.
Families racked up credit card debt and went into delinquencies at an increased rate since the pandemic, the New York Fed found Tuesday.
The post New York Fed: Credit Card Delinquency Spikes as Costs Soar Under Joe Biden appeared first on Breitbart.
The historically high inflation under President Joe Biden’s watch is “pushing small business to the brink,” Job Creators Network President Alfredo Ortiz writes in an op-ed at The Hill.
The post Alfredo Ortiz: Biden’s Inflation Is ‘Pushing Small Businesses to the Brink’ appeared first on Breitbart.
Actor John Leguizamo wants Latinos to stop blaming President Joe Biden for the economy, telling them to instead blame record-high consumer prices on COVID and Trump.
The post John Leguizamo Scolds Latinos Blaming Biden for Economy appeared first on Breitbart.
On Tuesday’s broadcast of CNN’s “AC360,” CNN Senior Political Commentator and former Obama adviser David Axelrod stated that while democracy issues are important, “if you’re sitting around the kitchen table talking about democracy and the future of democracy, it’s [probably]
The post Axelrod: Biden Is Self-Congratulating, Not ‘Advocating for People in a Tough Economy Because of the Inflation’ appeared first on Breitbart.
During an interview aired on Tuesday’s broadcast of NPR’s “Morning Edition,” U.S. Trade Representative Amb. Katherine Tai responded to concerns that the Biden administration’s China tariff regime, which includes keeping tariffs from the Trump administration, will be inflationary by stating that
The post U.S. Trade Rep. on Keeping Trump Tariffs: Studies Showed They Weren’t Inflationary appeared first on Breitbart.
On Tuesday’s “PBS NewsHour,” Treasury Secretary Janet Yellen predicted that President Joe Biden’s tariffs won’t cause any meaningful price increases for typical families and responded to a question on her criticism of the Trump tariffs as “taxes on consumers” by
The post Yellen on Calling Trump Tariffs ‘Taxes on Consumers’: Biden’s Are ‘Targeted’ appeared first on Breitbart.
CLAIM: President Joe Biden claimed during an interview with Yahoo Finance that inflation was nine percent when he took office in January 2021.
The post Fact Check: Joe Biden Claims Inflation Was at 9% When He Took Office, Again appeared first on Breitbart.
Jerome Powell still stubbornly resists the idea that the Fed's next move may be a hike rather than a cut.
The post Breitbart Business Digest: Powell Still Won’t Admit Rate Hikes Might Be Coming appeared first on Breitbart.
The producer price index shows that inflation accelerated significantly in April.
The post Inflation Inferno: Producer Price Index Shows Prices Rising Much More Than Expected appeared first on Breitbart.
During an interview aired on Monday’s “PBS NewsHour,” Democratic U.S. Senate candidate Rep. Elissa Slotkin (D-MI) stated that abortion “is the most profound kitchen table issue that we have. It’s not separate from inflation. It’s not separate from the economy.”
The post Dem Rep. Slotkin: Abortion Is ‘Most Profound Kitchen Table Issue’ ‘It’s Not Separate from Inflation’ and Economy appeared first on Breitbart.
During an interview with Bloomberg on Monday, Treasury Secretary Janet Yellen responded to polling data on the economy and falling consumer sentiment by stating that “the cost of living in many areas is very high. And it is a concern
The post Yellen on Polls, Falling Sentiment: ‘Cost of Living in Many Areas Is Very High’ appeared first on Breitbart.
During an interview with Bloomberg on Monday, Treasury Secretary Janet Yellen commented on President Joe Biden’s reported forthcoming announcement of increased tariffs on China by stating that the move is being made because President Joe Biden wants to protect “the
The post Yellen: We Need Tariffs to Protect ‘Stimulus’ from ‘Inflation Reduction Act’ appeared first on Breitbart.
Mothers are back to work in droves in Biden's inflated economy after the government shuttered businesses and closed schools during the pandemic.
The post U.S. Department of Labor: More Mothers Working Than Before Pandemic appeared first on Breitbart.
Gen Z is struggling financially with low income and higher debt-to-income ratios than Millennials did when they were their age, according to a recent study.
The post Report: Gen Z Struggling with Low Income, Higher Debt-to-Income Ratio Compared to Millennials appeared first on Breitbart.
President Joe Biden's policy of mass migration is forcing up housing inflation, so pushing up interest and mortgage rates, according to a report in the Wall Street Journal.
The post Wall Street Journal: Biden’s Migration Spikes Interest, Mortgage Rates appeared first on Breitbart.
Former President Donald Trump referenced his famous words from The Apprentice, a reality television show that aired between 2004 and 2017, saying when he won the 2024 presidential election, he would tell President Joe Biden he was "fired."
The post Donald Trump Says He’s Going to Tell Joe Biden: ‘You’re Fired’ appeared first on Breitbart.
There's really no mystery why so many people are unhappy with the Biden economy.
The post Breitbart Business Digest: One Chart Shows Why So Many People Hate the Biden Economy appeared first on Breitbart.
The British economy bounced back strongly in the first three months of the year, bringing to an end to the technical recession.
The post UK Economy Leaves Recession With Stronger Than Expected Growth, Office For National Statistics Says appeared first on Breitbart.
The specter of inflation haunts the corridors of the West Wing, and the Biden administration's every attempt to exorcise the poltergeist of rising prices only deepens the grip of its possession.
The post Breitbart Business Digest: Inflation Tightens Its Grip on Biden’s Re-Election Prospects appeared first on Breitbart.
Joe Biden’s disastrous economic policies mean young people are saddled with more credit card debt than previous generations.
The post Nolte: Bidenomics Sinks Gen Z Even Deeper into Unprecedented Debt appeared first on Breitbart.
President Joe Biden falsely alleged Wednesday on CNN that inflation was nine percent when he "came into office."
The post Fact Check: Joe Biden Falsely Claims Inflation Was 9% When He Took Office appeared first on Breitbart.
During a portion of an interview with CNN set to air on Wednesday’s broadcast of “OutFront” that was aired on Wednesday’s broadcast of “The Lead,” President Joe Biden responded to a question on increasing home costs, falling real income, economic
The post Biden on Falling Real Income: ‘We’ve Already Turned’ Economy Around appeared first on Breitbart.
During an interview aired on Wednesday’s broadcast of CNN’s “OutFront,” President Joe Biden stated that while “corporate greed” has caused an increase in the amount of money people have to spend on groceries and people feel real pain from the
The post Biden: There’s ‘Corporate Greed,’ But People ‘Have the Money to Spend’ on More Expensive Groceries appeared first on Breitbart.
During a portion of an interview with CNN set to air on Wednesday’s broadcast of “OutFront” that was aired on Wednesday’s broadcast of “The Lead,” President Joe Biden stated that no one has ever “had the run we’ve had in
The post Biden: I’ve Had Best Run of Creating Jobs and Lowering Inflation Ever, ‘It Was 9% When I Came Into Office’ appeared first on Breitbart.
The Fed and many on Wall Street assume that the villain of excess saving has been put to rest. Don't be so sure.
The post Breitbart Business Digest: There’s Still a Big Hidden Force for High Inflation in the Economy appeared first on Breitbart.
According to far-left Axios, if former President Trump wins reelection, his proposed economic policies “could reignite inflation.”
The post Nolte: Far-left Axios Spreads Hoax that Trump Policies Could ‘Reignite’ Inflation appeared first on Breitbart.
If you can slow down the housing market, you can probably slow down the economy and reduce inflation.
The post Breitbart Business Digest: The Housing Market Shows Interest Rates Are Too Low appeared first on Breitbart.
Portfolio manager Steve Eiseman expects Donald Trump will raise tariffs on China but called claims that this would cause inflation "ridiculous."
The post Trump Tariffs Drive Inflation? Big Short’s Steve Eisman Says That’s ‘Ridiculous’ appeared first on Breitbart.
The strength of the housing market suggests that a lack of housing supply, high levels of immigration, and increased demand from remote work may mean interest rates need to go higher to reduce inflation.
The post Fed President Kashkari Warns Rates Might Not Be High Enough appeared first on Breitbart.
Somebody forgot to tell corporate America that the stance of monetary policy is restrictive.
The post Breitbart Business Digest: Corporate Profits Say No to Rate Cuts appeared first on Breitbart.
A poll shows that more Americans trust former President Donald Trump over President Joe Biden on the handling of inflation and the economy.
The post Poll: More Americans Trust Trump over Biden on Economy, Inflation appeared first on Breitbart.
On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher stated that voters who aren’t talking about democracy and are worried about the cost of living instead “need to be slapped up the head,” because the democracy issue is important
The post Maher: People Not Worrying About Democracy Due to Inflation ‘Need to Be Slapped up the Head’ appeared first on Breitbart.
During an interview with CBS on Friday, White House Council of Economic Advisers Chair Jared Bernstein responded to a question on how long it will take prices to drop if President Joe Biden is re-elected by stating that we have
The post White House on When Prices Will Drop if Biden’s Re-Elected: We’ve Cut Some Costs appeared first on Breitbart.
On Friday’s broadcast of NewsNation’s “The Hill,” White House Senior Adviser Gene Sperling discussed the recent jobs report and stated that things are “not good enough, because people are still facing too high costs in their family and personal lives.
The post White House: We Have Job Market That’s ‘Better Than Even a Soft Landing’ appeared first on Breitbart.
The Federal Reserve admitted yesterday that progress on inflation has stalled and that it will take longer for the Fed to achieve the confidence it needs to cut interest rates.
The post Breitbart Business Digest: The Fed Finally Realized Progress on Inflation Has Stalled appeared first on Breitbart.
President Joe Biden's mass migration is boosting inflation, chiefly by raising housing prices, according to the Economist, a U.K.-based pro-globalism magazine.
The post Globalist Magazine Admits Joe Biden’s Migration Spikes Inflation appeared first on Breitbart.
The vast majority of respondents in a YouGov/Economist poll believe that President Joe Biden's America is "out of control."
The post Poll: Nearly Seven in Ten Think Joe Biden’s America Is ‘Out of Control’ appeared first on Breitbart.
The Fed chair does not see a rate hike coming but he acknowledged that recent setbacks on inflation mean the current rate policy will last for longer than anticipated.
The post Powell Says A Fed Hike Is ‘Unlikely’ But Wait For Cuts Will Take Longer appeared first on Breitbart.
Donald Trump is expected to lay out the horrible effects Bidenflaiton has had on Wisconsin families at a rally in Waukesha on Wednesday.
The post Donald Trump at Rally: Wisconsin Families on Average Lost $20K-$30K Due to Bidenflation ‘Tax’ appeared first on Breitbart.
Federal Reserve officials agreed on Wednesday to hold interest rates steady for the sixth consecutive meeting, signaling that it is willing to keep rates at the highest level in more than two decades for longer than previously expected and noting that progress on bringing down inflation has stalled.
The post Fed Keeps Rates Unchanged, Noting Progress on Inflation Has Stalled appeared first on Breitbart.
A rare miss on profits for the fast-food chain.
The post McDonald’s Earnings Dragged Down By Inflation And Israel-Hamas War Boycotts appeared first on Breitbart.
As the evidence keeps pouring in that the U.S. is still mired in an inflationary economy, the possibility that the Federal Reserve will be forced to increase interest rates can no longer be ignored.
The post Breitbart Business Digest: It’s Time for the Fed to Start Talking About Hikes appeared first on Breitbart.
Despite the Biden administration's attempts to convince Americans that the economy is improving, consumer confidence has been sliding for the last three months.
The post Consumer Confidence Unexpectedly Slumps To Lowest Level In Nearly Two Years appeared first on Breitbart.
The odds of a Fed cut are evaporating amid the blaze of hotter than expected inflation figures.
The post U.S. Labor Costs Jump, Indicating Rising Inflationary Pressures appeared first on Breitbart.
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