A Trumpier Fed Isn’t An Inflation Threat The financial press has been trying its best for months to gin up a panic over the independence of the Federal Reserve. We’ve had a number of dress rehearsals for the supposed death
Real wage gains offer relief on affordability.
President Donald Trump’s approval moved up to 41 percent in the past week as Republicans applauded his handling of fundamental living costs, a sign the administration’s new focus on everyday concerns is driving his popularity, according to a new Reuters/Ipsos poll released Tuesday.
On Monday’s broadcast of CNN’s “The Lead,” Sen. Roger Marshall (R-KS) stated that, for farmers, “These tariffs have created some short-term pain, but we also think they’re creating long-term gain” through trade agreements and “there is still supply chain disruption,
Until very recently, there was lots of talk on Wall Street and among Federal Reserve officials of the danger of inflation expectations becoming “unanchored” due to tariff-induced price increases.
Core PCE inflation holds steady as consumer expectations improve heading into final Fed meeting of 2025.
On Tuesday’s broadcast of CNN’s “Laura Coates Live,” DNC Chair Ken Martin stated that “inflation has been a challenge for a long time now in this country.” But Republicans are trying to “deflect” from the issue. He also argued that
A key measure of prices charged for goods and services produced in the U.S. showed that inflation continued to ease in September.
After years of Bidenflation raising prices at a staggering pace, American families are enjoying a less pricey Thanksgiving meal this year.
Tariffs paired with immigration policy, capital policy, and monetary policy are tools for breaking a low-wage equilibrium and pushing the economy toward more capital, more productivity, higher real wages, and a cooler price path.
Vice President JD Vance recalled a reporter pressuring President Donald Trump to fix the high price of eggs just a few days into his second term in the White House.
On Tuesday’s edition of NBC’s “Meet the Press Now,” Agriculture Secretary Brooke Rollins stated that she thinks the prices of goods like coffee, bananas, and tomatoes will fall “within, I’d say, a few weeks, to a few months” now that
The Federal Reserve spent 2025 worried about the wrong problem, mistakenly holding back on rate cuts out of fear that Trump’s tariffs are an inflation threat.
On Friday’s broadcast of NewsNation’s “The Hill,” Rep. Beth Van Duyne (R-TX) stated that inflation has increased since the “Liberation Day” tariffs partially due to uncertainty about trade agreements as people waited to see what happened. Host Blake Burman said
Researchers at the Federal Reserve Bank of San Francisco examined major tariff changes from 1870 through 2020 across the United States, United Kingdom, and France. Their conclusion challenges the conventional wisdom that dominated economic policy debates in recent years: when countries raise tariffs, prices actually fall, not rise.
Federal Reserve hawks may be on the verge of making a reckless bet based on incomplete information.
President Donald Trump’s deregulatory agenda will foster affordability, EPA Deputy Administrator David Fotouhi said on Monday during an exclusive event with Breitbart News.
During an interview aired on Wednesday’s broadcast of the Fox News Channel’s “Special Report,” President Donald Trump said that while beef prices have to be lowered, we have inflation “down to a normal number right now, lower than a normal
Yesterday we explored how the battle over rate cuts has scrambled old alliances inside the Federal Reserve. Today we look closer at what’s driving that split and what it means for markets.
Donald Trump gained an unexpected ally Monday in his fight with the Federal Reserve: Governor Lisa Cook, the Fed official he attempted to fire this summer.
U.S. manufacturing surveys released Monday showed welcome signs of easing inflationary pressures, with both major purchasing managers’ indexes reporting slower rates of price increases in October—a potentially encouraging signal for Federal Reserve policymakers as official government economic data remains unavailable
Retailers are rolling out discounts on Hershey chocolates and other sweets, giving consumers a rare break from rising prices, according to a Reuters report.
The 2026 increase is slightly larger than this year’s 2.5 percent raise but still marks the second smallest adjustment since 2021, underscoring how far inflation has fallen from its pandemic-era highs. The annual COLA reached 8.7 percent in 2023, the highest in four decades, before slipping to 3.2 percent in 2024.
A new paper from researchers at the Boston Fed warns of another inflation surge. But their warning rests on questionable measurement choices, contradictory data, and a misleading citation of academic research.
The St. Louis Federal Reserve released a study claiming that Trump’s tariffs added roughly 0.5 percentage points to consumer inflation. There’s just one problem: the study didn’t actually show that.
Household energy bills are rising in the UK and will keep climbing even if wholesale electricity prices fall, suppliers have warned.
Takaichi Sanae won leadership of Japan’s Liberal Democratic Party (LDP), positioning her to become Japan’s first female prime minister.
While the government shutdown has captured the attention of the denizens of the nation’s capital, the actual financial capital and labor of the U.S. is likely to proceed as if nothing much has changed.
The Labor Department said it would suspend publication of the monthly jobs report and other major economic data if the government shuts down, including the Consumer Price Index and Producer Price Index, cutting off critical information for businesses, investors and
The prices of goods affected by tariffs fell in August, crushing the hopes of everyone at the Cato Institute.
Core inflation slowed down in August, the Federal Reserve’s preferred gauge showed Friday, suggesting President Trump’s tariffs are not creating significant price pressures for American households.
When economists talk about immigration, they usually focus on jobs, wages, or fiscal costs. Federal Reserve Governor Stephen Miran wants to add another dimension: interest rates.
Federal Reserve officials are sharply divided over how aggressively to cut interest rates, with some warning that the central bank risks falling dangerously behind in addressing a deteriorating labor market while others remain focused on stubborn inflation that has persisted well above target for more than four years.
On Wednesday’s broadcast of NewsNation’s “On Balance,” House Ways and Means Committee Chairman Rep. Jason Smith (R-MO) stated that “People are struggling, and it’s because of multiple factors, but high interest rates, they need to come down. A quarter point
Welcome to the inaugural Friday Wrap, our weekly survey of the economy, Wall Street, Silicon Valley, and the bureaucrats who pretend they can read the future by staring at spreadsheets.
Once again, the consumer price index has failed to deliver the tariff-inflation spiral that economists and the media have promised.
Inflation rose in August but there was no evidence of broad tariff pass-through to consumers.
The August producer price report delivered yet another blow to the doomsayers who predicted President Donald Trump’s tariffs would ignite inflation.
Prices paid to U.S. businesses unexpectedly fell in August, putting pressure on the Federal Reserve to cut interest rates and undercutting claims that the Trump administration’s tariffs would cause inflation to pick up.
For two years in a row, the cheerleaders of Bidenomics assured us that any discontent was in our heads—a trick of bad vibes and social media. It turns out the voters were right, and the official statistics were wrong.
