On Tuesday’s broadcast of “CNN This Morning,” Bank of America CEO Brian Moynihan responded to a question on how Bidenomics is working by stating that after all of the pandemic stimulus, “you now have a situation where inflation has to
Consumer sentiment unexpectedly plunged and long-run expectations for inflation jumped up.
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton, Larry Summers stated that “we’ve got a bit
The first-quarter GDP report bears all the signs of stagflation and makes a Fed rate hike all but inevitable, Breitbart Economics Editor John Carney told Fox Business host Larry Kudlow.
During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton, Larry Summers stated that there is “growing evidence”
On Monday’s broadcast of CNBC’s “Closing Bell,” President and Chief Executive Officer of the Federal Reserve Bank of Cleveland Loretta Mester predicted that while there will be substantial progress on inflation in 2023, “We won’t be back to 2%,” and “growth
We got more evidence on Tuesday that we are headed for at least a bout of recessionary stagflation.
The third regional Fed report suggesting stagflation.
Are we too optimistic about the U.S. economy?
Joe Biden is often compared to Jimmy Carter, but maybe it’s Barack Obama who is hidden-handing—and not helping—the Biden administration.
If it takes a recession—or even a period of stagflation—to bring down inflation, so be it. So says Fed Chair Jerome Powell.
The European Central Bank predicted the region will not fall into stagflation, following previous claims that inflation would be “temporary”.
During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that he believes there won’t
On Tuesday’s broadcast of CNN’s “Don Lemon Tonight,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said he’d be shocked if we still didn’t have meaningful
Inflation does not look like the result of “Putin’s price hike” or even supply-chain disruptions. It is being driven by consumer demand pumped up by a legacy of stimulus–monetary and fiscal–and fueled by a red hot labor market.
The price of wheat in Europe has hit a new record high, with an export ban on the product in India prompting further shortage fears.
If we had not already quoted old Tom Eliot on the alleged cruelty of April, we would certainly be tempted to do so again after Friday brought the April sell-off to such a crescendo.
The experts have been telling us for months that the economy was doing extraordinarily well once you look past the little problem of inflation. The American people weren’t buying it. And today’s Bureau of Economic Analysis revealed that the people were right.
A disaster start to Joe Biden’s second year in office.
Just as Elon Musk made a weed joke with his offer to buy Twitter at $54.20 per share, Twitter’s board responded with their own weed joke.
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that stagflation is “the preponderant
On Monday’s broadcast of Newsmax TV’s “Rob Schmitt Tonight,” Sen. Mike Braun (R-IN) said that the tax increases and spending in President Joe Biden’s budget proposal will lead to “stagflation that’ll be just like we had back in the early
On Thursday’s broadcast of MSNBC’s “Morning Joe,” MSNBC Economic Analyst Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, warned that there is “a substantial risk” of stagflation because it’s “very hard to reduce inflation
On Friday’s broadcast of Bloomberg’s “Wall Street Week,” MSNBC Economic Analyst Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, said that we’re dealing with a potential stagflation problem where we have to “address both
Stagflation is coming. By many metrics, it’s already here. Small businesses and ordinary Americans are paying the price. Democrats reckless spending, including their pending deal on the Build Back Better reconciliation bill, would turn this stagflation problem into a crisis.
Because inflation rose by more than one percent above target its governorwill have to write a letter to Treasury explaining what’s going on.
Rep. David Schweikert (R-AZ) said April’s jobs report was a function of paying Americans not to work, as opposed fears of coronavirus.
Something I’ve heard discussed since I was a child in my parent’s family room is how presidents dramatically age while in office. While it is true that everyone “looks” different after four-to-eight years of life, presidents seem to age more dramatically than the rest of us.
If Rep. Alexandria Ocasio-Cortez, or anyone, attacks Ronald Wilson Reagan, it is fitting and proper for loyal Reaganites, including this one, to rise to the Gipper’s defense.
