Inflation expected to slow again in June, but high prices are still crushing Americans
Former Kansas City Federal Reserve Bank President Thomas Honig responded to Jerome Powell’s comments on “Cavuto Coast to Coast” that the Fed isn’t ready to start cutting interest rates. The closely watched inflation report due on Thursday is expected to show that price pressures within the economy continued to ease in June. Economists expect the […]
Britons spend on rollercoasters and beaches over DIY and clothes; China inflation slows – business live | Business
Important Events Ophthalmologists say private cataract surgery is hurting the NHS The survey found that the majority of eye surgeons in England believe that the increase in the outsourcing of cataract surgery to private clinics in recent years has had a negative impact on the NHS sector. Almost three-quarters of eye doctors surveyed said that […]
An Inflation Election Will Favor Republicans
The economy is important after all The latest polls show Republicans in a favorable position. Voter dissatisfaction with inflation and the U.S. economyAnd these issues could prove decisive in November. But Republicans shouldn’t let their guard down: Democrats are actually gaining a bit of an advantage. According to our friends at Rasmussen Reports: 91% of […]
Fed’s Powell says more ‘good’ inflation data would bolster case for rate cuts
Strategas’ Jason Trenerth says it’s hard not to get involved in the stock market on “Maria Bartiromo’s Wall Street.” Chairman of the Federal Reserve System Jerome Powell He said Tuesday that policymakers were encouraged by recent data suggesting inflation was receding, and continued progress would strengthen the case for cutting interest rates. “The data for […]
Woman Shocked by $43 Cost for El Pollo Loco Meal amid Inflation
As inflation continues to bite people across Democratic President Joe Biden’s America, one woman couldn’t believe her eyes when she saw how much it costs to buy a fast food meal for her family. The woman, who calls herself Josie, posted a video on TikTok of her parking her car in the drive-thru lane of […]
Biden’s inflation and border policies ‘disastrous’ for Wisconsin
(The Center Square) – Republican Rep. Brian Steil, who is running against Democratic candidate Peter Barca in Wisconsin’s 1st Congressional District, recently spoke about the state of inflation and immigration, two of the top three issues that polls show Wisconsin voters care about. At his Friday news conference, Steele focused primarily on inflation, a central […]
Phoenix Sees Nation’s Worst Inflation
Estimated Reading Time: < 1 minute Phoenix metropolitan area residents are experiencing America’s most severe inflationary pressures. The U.S. Bureau of Labor Statistics released its latest Consumer Price Index Tuesday morning. The Phoenix-Mesa-Scottsdale urban area saw a 13% increase in CPI compared to the same month in 2021. The only metropolitan area to come close […]
Rate Hikes & QT to Fight Inflation while Offering Liquidity to Banks to Keep them from Toppling
Estimated Reading Time: 2 minutes An enormously important new regime gets engraved into central-bank handbooks. The ECB and Bank of England are also on board. It makes sense in this era of high inflation, QT, rising policy interest rates, and high financial fragility in the banking system, after years of money printing and interest […]
Inflation, Economy, Immigration Most Important Issue for PA Voters
Inflation, the economy and immigration — all former President Donald Trump’s special interests — are the issues most important to voters in the key battleground state of Pennsylvania, a recent Signal poll found. investigation saw When looking at the priorities of Pennsylvania voters, inflation and the economy topped the list, with 26% overall identifying this […]
Inflation Stuck on High, Shifts from Item to Item
Estimated Reading Time: 2 minutes Not encouraging: core PCE price index refuses to come down, and has moved sideways since July last year. The inflation index favored by the Fed, the core PCE price index – which, by excluding the food and energy products, is a measure of underlying inflation – re-accelerated in April, as […]