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De Rugy: Biden’s Counterproductive Inflation Proposals

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By Veronique de Rugy President Joe Biden wants you to know he is serious about taming inflation and that he has a plan to do...
slow U.S. economy

Slower Increases in Wages, Inflation Could Signal Economic Slowdown

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Slower increases in wages, inflation indicate economic growth is less than expected. Economic data are mixed. Today's report shows April consumer spending rose at an...
soaring inflation

No Relief from Soaring Inflation: Weekly Economic Report

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Business surveys into April continue to show the economy holding up well in the face of global disruptions. The full impact of supply-side shortages...

Bad Economy Week: Inflation, Interest Rates Up; Output Down; Prospects Dim

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There are widespread expectations the lockdown in China and ongoing war in Ukraine will disrupt global growth and slow business activity in the United...
inflation

Inflation Shows No Signs of Slowing Despite Fed’s Tough Talk

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Tough talk from the Fed about fighting inflation helped produce another down week for stocks. Meanwhile, surveys continue to show businesses adjusting and growing...

Inflation Heads Toward Record Pace

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Today's employment report shows strong gains in February. The U.S. economy continues to grow rapidly. Expect record inflation as the Fed's policy and the...
Jobs Report - Federal Reserve

7.5 Percent Red Hot Inflation Reading After $6.8 Trillion COVID Spending as Biden Economy...

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The Bureau of Labor Statistics is reporting 7.5 percent annualized inflation in the month of January, the highest reading since Feb. 1982, as recession...
polarization

Poll: Americans Less Concerned About COVID, More Concerned About Economy, Inflation

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The Associated Press-NORC Center for Public Affairs Research released new polling Monday showing that only 37% of Americans list COVID-19 as one of their top...

Genetski: Year Closes with Inflation, Stocks, and Employment Up

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Happy New Year! The Week That Was Most economic data show business activity continued close to the rates in the third quarter GDP report. Hence, the...
Abstract financial graph with uptrend line and arrows in stock market on blue colour background

Genetski: Inflation Is Not Under Control

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Today's inflation numbers show consumer prices rose at a 10% annual rate in November. After removing the impact of food and energy, inflation was...

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Congress Passes an FAA Bill with Few Reforms

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Treasury Secretary Janet Yellen

It’s Time to Defund the OECD – Analysis

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President Biden’s Treasury Department has been the key driver of the Organisation for Economic Co‐​operation and Development’s (OECD’s) project to create a global tax system...