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De Rugy: Incoming Republicans – Don’t Fight Dems, Fight Inflation
Republicans want to take over Congress and come Tuesday they might get their wish. Assuming they win, they will face enormous challenges.
Genetski: Inflation Cools, but Economy Remains Hotter Than Fed Wants It to Be
Today's report on incomes and consumer spending was consistent with the third quarter GDP report. The good news is inflation has cooled to around...
De Rugy: Ongoing Inflation Reveals the Shortcomings of Economic ‘Experts’
The idea that the same central bankers who created the biggest inflation in 40 years could rehabilitate our economy was always suspect.
Retail Sales, Stocks, Housing Market All Down As Inflation Persists
Inflation persists, and today's retail sales report for September shows real retail sales down sharply in both the latest month and the past quarter....
Biden Takes Heavy Fire, Defends Himself After Inflation Data Shows Continued Price Increases
President Biden came under fire Thursday after newly released inflation data showed consumer prices continued to rise in September.
Job Openings Are Down 1.8 Million Since March as Unemployment Rate Remains Calm—For Now
Unemployment is a lagging indicator. In Europe, unemployment remains low even as analysts say a big recession is dead ahead.
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...