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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...
De Rugy: Biden’s Counterproductive Inflation Proposals
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...
Slower Increases in Wages, Inflation Could Signal Economic Slowdown
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...
No Relief from Soaring Inflation: Weekly Economic Report
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
There are widespread expectations the lockdown in China and ongoing war in Ukraine will disrupt global growth and slow business activity in the United...