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Inflation

Janet Yellen: America Needs ‘Some Good Luck’ to Avoid Hard-Landing into Recession

September 13, 2022 - 8:04 am by Frank Bergman

Democrat President Joe Biden’s Treasury Secretary Janet Yellen has stated that America needs “some good luck” if the economy is to avoid hard-landing into a recession.

Categories Economy, News Tags Economy, Federal Reserve, Inflation, Interest Rates, Janet Yellen 3 Comments

ECB Raises Interest Rates Further as Inflation Soars in Eurozone

September 12, 2022 - 6:15 amSeptember 10, 2022 - 10:10 am by Nick R. Hamilton

The European Central Bank (ECB) has hiked interest rates again on Thursday by the largest increment since the bank’s founding.

Categories Economy Tags Business, Christine Lagarde, Europe, European Central Bank, Inflation, Interest Rates, News 1 Comment

Fed May Require 7.5 Percent Unemployment to Lower Inflation

September 9, 2022 - 12:19 pmSeptember 9, 2022 - 10:10 am by Nick R. Hamilton

The U.S. Federal Reserve may require the American unemployment rate to rise to almost double its current level in order to control high inflation, a new report has suggested.

Categories Economy Tags Business, Federal Reserve, IMF, Inflation, Jerome Powell, News, Unemployment 2 Comments

Food Bank Demand Soars as American Families Battle Inflation

September 1, 2022 - 8:04 am by Frank Bergman

The demand for food banks is soaring across the country as American families battle red-hot inflation in Democrat President Joe Biden’s economy.

Categories News Tags Biden, Food Bank, Food Crisis, Food Shortages, Inflation 3 Comments

European Central Bank Chief Blames ‘Climate Change’ for Record High Inflation

August 29, 2022 - 3:01 amAugust 28, 2022 - 12:54 pm by Frank Bergman

The head of the European Central Bank (ECB) has claimed that “climate change” is to blame for the record high inflation that’s impacting nations around the world.

Categories News Tags Christine Lagarde, Climate Change, Europe, European Central Bank, Inflation 19 Comments

Fed’s Powell Warns of Economic Pain: Inflation Fight Will Last ‘Some Time’

August 28, 2022 - 6:43 amAugust 27, 2022 - 10:10 am by Nick R. Hamilton

Federal Reserve Chairman Jerome Powell has warned Americans to brace for a long period of economic pain, revealing that he expects the fight against inflation will last “for some time.”

Categories Economy Tags Business, Economy, Federal Reserve, Inflation, Interest Rates, Jerome Powell, News 4 Comments

Lauren Boebert Fires Back at Biden: ‘Report This Student Debt Forgiveness Stunt to the FEC’

August 25, 2022 - 11:20 am by David Hawkins

Republican Rep. Lauren Boebert (R-CO) has fired back at Joe Biden’s “student debt forgiveness stunt,” demanding that the Democrat president is investigated by the Federal Election Commission (FEC).

Categories News, Politics Tags Biden, Inflation, Jason Furman, Lauren Boebert, Marsha Blackburn, Student Loans, Students 4 Comments

Biden’s Student Loan Forgiveness Benefits White House Staffers, Watchdog Reveals

August 25, 2022 - 10:54 amAugust 25, 2022 - 10:10 am by Nick R. Hamilton

President Joe Biden’s newly announced student loan forgiveness scheme will benefit several White House staffers, a watchdog group has revealed.

Categories Economy, Politics Tags Biden, Business, Inflation, News, Student Loans 2 Comments

Obama’s Top Economist Scolds ‘Worse Than Reckless’ Biden: ‘Pouring Gasoline on Inflationary Fire’

August 25, 2022 - 6:26 amAugust 24, 2022 - 3:15 pm by David Hawkins

A one-time chief economist to former President Barack Obama has blasted Joe Biden’s student loan forgiveness plan as “worse than reckless.”

Categories News, Politics Tags Biden, Economy, Inflation, Jason Furman, Obama, Student Loans, Students 4 Comments

Soaring Inflation Drives up Cost of Raising a Child by More Than $1,500 per Year

August 22, 2022 - 8:26 amAugust 21, 2022 - 10:10 am by Nick R. Hamilton

Soaring inflation has driven up the cost of raising a child by more than $1,500 per year, a new report has revealed. 

Categories Economy Tags Business, Children, Families, Inflation, News, Parents 1 Comment
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