Inflation Archives - Page 14 of 16

Psaki: ‘We Expect March Headline Inflation to Be Extraordinarily Elevated’

White House Press Secretary Jen Psaki has admitted that the Biden administration's monthly inflation data will be “extraordinarily elevated.” This comes after inflation hit a 40-year high of 7.9 percent last month. Speaking Monday, Psaki started off by trying to blame Vladimir Putin for the skyrocketing inflation ahead of Tuesday's…

White House Runs More Damage Control after Biden Flubs on Energy Prices

The White House has been forced to run more damage control after Democrat President Joe Biden made another flub by overpromising Americans on energy savings. As gas prices soar to record highs across the country, Biden told Americans they could expect savings of $500 a month by transitioning to renewable…

Biden’s Budget Raises GDP Outlook, Trims Inflation, Increases National Debt

Democrat President Joe Biden's administration has just published its 2023 $5.8 trillion federal budget. In the proposed budget, the Biden admin published inflation, GDP, and deficit forecasts for the next ten years. According to the White House, the consumer price index is projected to clock in at 4.7 percent this…

Biden Issues Warning: ‘Food Shortages’ Are ‘Gonna Be Real’ Because of Ukraine War

Democrat President Joe Biden has issued a warning that "food shortages" are "gonna be real" due to Russia's ongoing invasion of Ukraine. Biden made the remarks Thursday while addressing G-7 leaders in Europe. World leaders discussed food shortages as a result of the war in Ukraine, warning that food shortages…

Top Fed Official Calls for Interest Rates Raised above 3% Before End of 2022

Federal Reserve Bank of St. Louis President James Bullard is calling for the Fed to raise interest rates above three percent before the end of 2022. The top Fed official made the call while arguing that the central bank is not doing enough to fight 40-year high inflation. Bullard, who…

Ex-Obama Treasury Counselor Warns Biden Driving America Toward ‘Stagflation’

A top economic expert, who served in former President Barack Obama's administration, has issued an ominous warning that Joe Biden is driving America toward "stagflation." Steve Rattner served as counselor to the Treasury Secretary in the Obama admin. During an appearance on Bloomberg’s “Wall Street Week,” Rattner warned that stagflation…

Kyle Rittenhouse: ‘Biden Is Trying to Use Russia as a Scapegoat for Rising Inflation’

Kyle Rittenhouse has called out Democrat President Joe Biden for trying to use Russia as a "scapegoat" for America's rising inflation. Since Russia launched an invasion of Ukraine at the end of last month, Biden and the Democrats have been blaming Russian President Vladimir Putin for America's soaring inflation over…

Kayleigh McEnany Warns Biden: ‘Americans Are Sick of Inflation, Mr. President’

President Donald Trump's former White House Press Secretary Kayleigh McEnany has sent a warning to Joe Biden that "Americans are sick of inflation." On Friday, Democrat President Joe Biden got angry and went on a rambling rant about inflation at the House Democratic Caucus Issues Conference in Philadelphia. Biden refused…

Peter Doocy Busts Psaki on Rising Gas Prices: ‘Why Did You Rebrand Inflation as the Putin Price Hike?’

Fox News reporter Peter Doocy triggered a tense confrontation with White House Press Secretary Jen Psaki by asking why the Biden administration is blaming Russia for rising gas prices. During a press briefing, Psaki had a tense and lengthy back-and-forth with Doocy over rising gas prices in the United States,…

Inflation Soars to 7.9%, Highest Level in 4 Decades: Biden Blames Putin

Democrat President Joe Biden has claimed that Vladimir Putin is to blame for soaring US inflation after the consumer price index hit another 40-year high of 7.9 percent in February. The latest inflation data was published on Thursday and shows America's inflation rates continuing to soar to staggering levels. However,…