July inflation drops below 3% as Fed considers September rate cut
Housing costs remain high, but insurance premiums are finally starting to stabilize. (iStock) Annual inflation fell below 3% in July for the first time in more than three years. Consumer Price Index The Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS). On an annualized basis, prices rose 2.9% in July, slowing […]
Inflation Is Result of ‘Slow’ Post-COVID Recovery, Not Harris
Speaking on “CNN News Central” on Wednesday, Sen. Chris Coons (D-Delaware), co-chair of the Harris-Waltz campaign, said inflation is a “consequence of the recovery” from the pandemic, that the recovery has been “slow, long and difficult,” and that inflation is not the fault of 2024 Democratic presidential candidate Vice President Kamala Harris. After Coons cited […]
Biden instructs media to ‘start writing’ that his inflation policies are ‘working’
President Biden told the press: His inflation figures. The White House hosted the inaugural Creator Economy Conference on Wednesday, which was attended by about 100 digital creators and industry players. Biden made some remarks at the conference but initially declined to answer reporters’ questions. But it did answer a big question about inflation falling to […]
Inflation causing sticker shock at flower prices
Brides and florists are surprised at the rising prices of wedding flower arrangements. Inflation has forced newlyweds to cut costs in unexpected ways, including cutting the soaring cost of wedding flowers. According to wedding planning website Zola, the average price of a wedding in 2024 will exceed $30,000. Wedding experts blame inflation for hitting every […]
Donald Trump Promises to ‘End the Era of Inflation, Mayhem, and Misery’
Former President Donald Trump unveiled a pledge on Wednesday to fight inflation by cutting energy prices in half, securing the borders from illegal immigration, bringing supply chains back to US soil, and reducing regulatory burdens on American businesses. In remarks that drew a sharp contrast to the policies of the Biden-Harris administration, Trump told an […]
Stephen Moore Slams Kamala’s Claim ‘Bidenomics’ Is Working, Argues Kamala Caused Inflation With Her Vote
Former economic adviser Stephen Moore appeared on “Jesse Watters Primetime” on Wednesday and slammed Vice President Kamala Harris’ claim that “Bidenomics” is working. During the period exterior Moore, on “Jesse Watters Primetime,” blasted Harris’ claims, pointing to her key votes that got multi-trillion-dollar spending bills through the Senate. He argued that Harris herself played a […]
Trump Vows to Sign Executive Order ‘Directing’ Agencies to Defeat Inflation
Former President Donald Trump has vowed that if elected president, he would “sign executive orders directing” his cabinet and agency heads to “use all tools available” to beat inflation. “On my first day back in the Oval Office, I will sign an executive order directing every Cabinet member and agency head to use every tool […]
Trump lays out plan for combating inflation during ‘intellectual speech’ in North Carolina
Former President Donald Trump focused on the economy in what he called an “intellectual speech” on Wednesday, outlining his plans to combat inflation. “A lot of people are very shocked by the state of inflation,” the Republican presidential candidate said during a speech in Asheville, N.C. “So we’re giving this as a speech of intellectuals, […]
The Worst Food Inflation in Nearly Half A Century
As Americans wander through grocery stores, stunned by high prices everywhere, it highlights a central issue that has dogged the Biden-Harris administration since it took office: Inflation is still hitting hard. This is not just inflation, but the kind of inflation that hits the prices of food products, the bread and butter of every home’s […]
Inflation expected to cool slightly in July report as issue becomes key issue in presidential campaign
David Bahnsen, managing partner at the Bahnsen Group, analyzes the Federal Reserve’s plans to combat inflation for Barney & Co. Get noticed Inflation Report The data is due to be released Wednesday morning and is expected to show that inflation continues to ease as the issue has come to the forefront of the presidential election […]