Bidenflation - Page 6

The latest estimates of inflation in the first two quarters of the year show prices rose more rapidly than previously believed.

While a lot of the commentary on inflation has centered around the idea that we may have passed peak inflation, the more relevant question is whether we have already had peak disinflation.

A majority of Americans say they are being forced to search for extra work as inflation increases the costs of living. 

Surging food prices due to historic inflation is forcing American families to adjust their eating habits by choosing cheaper options.

Fed officials have a very wide range of projections for Fed policy two years from now.

Jerome Powell took up arms against a sea of troubles on Wednesday.

Former Nevada Attorney General Adam Laxalt credited the “Biden/Cortez Masto tax and spend agenda” for “wreaking havoc on Nevada.”

President Joe Biden keeps trying to talk America out of worrying about inflation, but it is not working. One of the reasons Biden has been so ineffective is that he has repeatedly made statement that conflict with the reality Americans

The pageant that played out on the law of the White House on Tuesday may be destined to be the emblematic scene of Joe Biden’s presidency.

the Biden administration and its cheerleaders in the establishment media have consistently treated inflation as an aberration that was likely to fade real soon now.

Median and trimmed mean CPI came in much hotter in August.

In reality, inflation unexpectedly accelerated in August to show prices rising once again.

The Fed chairman’s responses to a Cato Institute Q&A appeared to confirm that the Fed is planning a jumbo 75 basis point rate hike this month.

A recent paper indicates that excess demand was the biggest driver of inflation.

The debate over the Biden administration’s student loan scheme has somehow become even stupider as the week has worn on.

Ford is reportedly raising the price of the 2023 Mustang Mach-E electric vehicle by as much as $8,000 just a few weeks after increasing the price of its planned electric pickup truck the F-150 Lightning. Although the company blames inflation, supply chain problems, and “rapidly evolving market conditions,” the price hikes come just after Joe Biden’s climate and spending bill passed including electric vehicle rebates eerily similar to Ford’s price increases.

Skyrocketing inflation is increasing the burden on American parents to raise children, according to the Brookings Institution.

A CNN Business article published Friday directs Americans to view the mild decline in gas prices as “a $100-a-month raise.”

In a recent article, Bloomberg details Bill Gates’ efforts to lobby Joe Manchin over the climate and spending bill known as the “Inflation Reduction Act” even though it won’t reduce inflation according to nonpartisan experts. Gates worked hard to ensure the passage of the bill as it would further his creepy vision of a transition to clean energy.

The Democrats named their tax and spending bill the Inflation Reduction Act, but Americans are not buying it.

More than one-third of Biden voters say the economy is already in a recession.

Also: here’s why food inflation matters more than headline or core prices.

Bidenflation is coming to Disney’s streaming customers in a big way with the price of a standard Disney+ subscription soaring nearly 40 percent. Hulu is also hiking its prices by more than 15 percent.

Ford is increasing the starting prices of its electric F-150 Lightning truck by as much as $8,500 due to “significant material cost increases and other factors.”

Wage gains still lag inflation but real wages did actually rise for the first time this year in July.

Nearly everywhere you look in the grocery store, food prices are still soaring.

Economists had expected inflation to fall to 8.8 percent year-over-year and for core inflation to climb to 6.1 percent.

The biggest decline in records that go back to 1948.

The public may be underestimating how hard it will be to bring down inflation.

U.S. employers added a jaw-dropping 528,000 jobs in July, far more than expected, and wages jumped higher than expected—and yet the number of people working or looking for work declined. Where is everyone?

A jobs report that would be wonderful in a low-inflation, high-growth environment is terrible in a high-inflation, low-growth economy.

So no anti-inflation pressure until 2028.

Nearly half of the food banks in the United States are experiencing increased demand as Americans struggle under the crushing weight of inflation.

“The rising cost of living is the most commonly cited cause of lower sales, as well as the worsening economic outlook,” said economist Chris Williamson.

More than four in ten Americans have been forced to cut back on everyday habits and items, including the amount of groceries they purchase, as a result of Bidenflation, a recent Suffolk University/USA TODAY survey found.

House Republicans slammed Democrats’ newly unveiled Inflation Reduction Act of 2022 on Friday, saying it is “likely to worsen the economy.”