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Deep Recession Is on the Way Due to Fed’s Inflation Fight
Today's report on August spending and incomes show advances slowing to a 4 percent to 5 percent annual rate. However, the August core inflation...
Inflation Report: Food Prices Rise Sharply As Gas Costs Drop
Prices of food, housing, medical care, and other essentials continued their rapid rise in August.
(The Center Square) – Prices rose sharply again for food...
Fed Likely to Get More Restrictive As Unemployment Stays Low
Today's strong jobs report makes it likely the Fed will be more restrictive in the months ahead. That will push the economy deeper into...
Economy Shows Positive Signs Fed Will Contain Inflation
There are a number of positive signs monetary policy can contain inflation sooner rather than later.
The Week That Was
Reported Gross Domestic Product (GDP) for...
Reynolds: Understanding ‘Core Inflation’ Has Rarely Been So Important
By Alan Reynolds
Core inflation is the key to understanding the current economy and should guide the Fed's actions. Instead, the Fed follows core inflation...
Inflationary Pressures Remain Strong
The June retail sales report, released today, shows a rapid increase in spending, but not quite as strong as inflation. Real spending is down...
McCaughey: The Inflation ‘Cure’
By Betsy McCaughey
If you think runaway inflation is brutal, wait until you get hit by the cure.
Last week, the Federal Reserve raised the interest...
No One Knows How to Tackle Inflation (Commentary)
It’s worth remembering that everything that has happened recently—the 2008 recession and the current inflation crisis—happened at the hands of the experts.
I no longer...
Economy Adds More Jobs Than Expected, Wages Can’t Keep Up with Inflation
The U.S. added more jobs than expected in May, according to the federal government, though the number actually decreased vs. previous months. Meanwhile, inflation...
Harsanyi: Yes, Biden Deserves Blame for Inflation
President Joe Biden has written an op-ed for the Wall Street Journal detailing his plan to fight inflation.
Well, perhaps the word "detailing" is too...
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Men Are Leading the Way in Skipping Four-Year Degrees, Raising More Doubts About Value...
Record numbers of youth are skipping college and entering the workforce directly, according to new data from the Bureau of Labor Statistics (BLS).
The trend...
Companies Are Slashing Away at Debt as Surging Inflation Casts Shadow Over Interest Rate...
Many companies are looking to cut down on their debts as recent high inflation reports have made borrowing more expensive as the prospect of...
Betsy McCaughey: Trusting China in Inviting Another Pandemic
It's one thing to die from natural causes. Worse, to die from a disease leaked by Chinese scientists in a lab and allowed to...
