Democrat Rep Refuses to Explain How ‘Inflation Reduction Act’ Lowers Inflation
Rep. Jamie Raskin (D-MD) refused to explain how the Democrats’ recently-passed “Inflation Reduction Act” will help lower inflation.
Inflation
ABC Reporter Calls Out ‘Orwellian’ Biden Admin for False Claims about ‘Inflation Reduction Act’
ABC News anchor Jon Karl has called out Democrat President Joe Biden’s “Orwellian” administration for pushing false claims about the “Inflation Reduction Act.”
Kashkari: Fed ‘Far, Far Away’ from Beating Inflation despite White House Victory Lap
Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, has warned that the Central Bank is “far, far away from” beating inflation, despite the recent victory laps from the White House.
Inflation Sees Food Prices Soar to Record High in Germany
Inflation in Germany has seen food prices soar to the highest level on record in July, according to the country’s statistical agency.
White House: Americans Who Think We’re in a Recession Are Actually Just Confused
Americans who believe that the United States is in a recession are just confused, according to White House economic adviser Jared Bernstein.
Fed’s Neel Kashkari Claims Inflation May Still Be Transitory
Minneapolis Federal Bank President Neel Kashkari has claimed that inflation may still be transitory.
Gas Price Falls for 7th Straight Week but It May Exceed $5 Again Soon, Experts Warn
Gas prices have fallen again for a seventh consecutive week, providing Americans with some welcome relief at the pump.
Inflation Forces 45% of Americans to Cut Groceries Spending, Poll Shows
The squeeze from inflation in the United States is forcing a huge percentage of Americans to cut back on their spending on groceries, according to a new poll.
Wealthy Joy Behar Tells Americans Not to Worry About Biden’s Recession: ‘Inflation Comes and Goes’
Joy Behar and her co-hosts on “The View” have tried to downplay Democrat President Joe Biden’s recession after the White House released data that showed two consecutive quarters of negative growth.
U.S Economy Crashes into Contraction for First Time Since 2020
The United States economy has suffered a major downturn in July, crashing into contraction for the first time since the impact of the pandemic hit in 2020.