Inflation Archives - Page 13 of 16

Biden Gets Worst News of Political Career: Inflation Continues, Real Wages Fall

Democrat President Joe Biden has just received the worst news of his political career as the latest economic data deals a death blow to the Democrats' chances in the looming midterms. The latest figures from the Bureau of Labor Statistics show the U.S. economy is still battling inflation while "real…

Janet Yellen Admits Biden’s Spending ‘Did Feed’ Inflation

Treasury Secretary Janet Yellen has admitted that Democrat President Joe Biden’s $1.9 trillion American Rescue Plan "did" contribute to inflation. Speaking during a Wednesday interview with The Wall Street Journal's editor-in-chief Matt Murray, the former head of the Federal Reserve conceded that the White House’s enormous spending had played a…

Producer Prices Soar to Record Highs in Eurozone as Stagflation Looms

Producer price inflation in the eurozone has soared to a record high in the year through March, according to a new report. The European Union’s statistical agency is reporting that consumers should expect prices to continue rising as inflation bites. The news delivers a fresh sign that inflationary pressures continue…

Federal Reserve Meeting in Focus as Sharp Rate Hike Expected to Fight Inflation

This week's two-day Federal Reserve policy meeting is a major focus point for investors, with markets expecting the central bank to press ahead with a sharp rate hike in an effort to relieve surging inflationary pressures. The Federal Open Market Committee (FOMC) is also expected formally announce the launch of…

Biden Blames ‘Technical Factors’ for GDP Miss and Recession Concerns

President Joe Biden got some bad news today when the GDP numbers came in and shocked everyone by showing a decline. A stalling economy with rising inflation always spells doom for the governing party. Mitch McConnell said: “The economy actually shrank 1.4% over the last three months. No longer are…

Home Depot Co-Founder Slams Biden’s ‘Terrible Blunder’ on Inflation: ‘Worse Than Jimmy Carter’

Home Depot co-founder Ken Langone has slammed Democrat President Joe Biden for the "terrible blunder" of his administration that is causing soaring inflation. Langone declared that Biden is "worse than Jimmy Carter" after the Democrat-led White House has made a series of policy errors that Langone believes have pummeled the…

Bird Upstages Biden in Iowa, Poops on Him during Speech

Democrat President Joe Biden went to Iowa on Tuesday and was upstaged by a bird who apparently pooped on his shoulder during his speech. Biden was trying to spin away his failures as the nation is gripped with out-of-control inflation. Not even the birds were buying it as Biden tried…

Putin’s Price Hike? Biden Admin Policies Behind 8.5 Percent Inflation, Experts Say

While the White House is trying to convince the American people that Russian President Vladimir Putin is responsible for the past year of soaring inflation, experts are warning that the policies of Democrats and the Biden administration are driving the skyrocketing rates. On Monday, ahead of releasing the inflation data…

Joe Manchin Blames Biden for Highest Inflation in Four Decades: ‘Administration Failed to Act Fast Enough’

Democrat Senator Joe Manchin (D-WV) has blamed President Joe Biden for the record-breaking inflation rates published today. The latest data has revealed that inflation rose to 8.5%, the largest 12-month increase in four decades. Manchin said the Federal Reserve and the Biden administration “failed to act fast enough, and today’s…

Ted Cruz Issues Warning about Biden: ‘White House Is Now Expecting Shocking Inflation Numbers’

Republican Sen. Ted Cruz (R-TX) has issued a warning about Democrat President Joe Biden and his handling of the economy. The warning comes as the Biden administration is set to publish th latest inflation data on Tuesday. As Slay News previously reported, the White House Press Secretary Jen Psaki attempted…