Tariffs tend to be paid for by exporters and importers, not consumers.
The post Fact Check: Kamala Harris Falsely Says Tariffs Are A Middle Class Sales Tax appeared first on Breitbart.
Former President Donald Trump unveiled a pledge on Wednesday to fight inflation by cutting energy prices in half, securing the borders from illegal immigration, bringing supply chains back to U.S. soil, and reducing regulatory burdens on American businesses.
The post Donald Trump Promises to ‘End the Era of Inflation, Mayhem, and Misery’ appeared first on Breitbart.
Notable economists, including Janet Yellen’s husband, claim without evidence that Trump’s policies will be inflationary. They never warned us about Bidenflation.
The post Nobel Economists Bash Trump, Hail Biden in Pre-Debate Inflation Attack appeared first on Breitbart.
America got some good news on inflation on Wednesday, possibly opening the door for lower interest rates this year.
The post Inflation Cools More Than Expected, Providing Relief for Consumers and the Fed appeared first on Breitbart.
The Conference Board’s monthly measure of consumer confidence is another piece of evidence suggesting that the economy accelerated in May.
The post Breitbart Business Digest: Inflationary Growth Is Blooming Again appeared first on Breitbart.
Consumer confidence rose in May but households’ assessments of their financial health worsened and inflation expectations rose.
The post Despite Surprise Boost in Consumer Confidence, Recession Fears Rose in May appeared first on Breitbart.
American progressives are in a state of high dudgeon, gnashing their teeth at the realization that the American people favor Donald Trump’s economy over Joe Biden’s.
The post Breitbart Business Digest: The Real Reason Americans Prefer Trump’s Economy to Biden’s appeared first on Breitbart.
There’s really no mystery why so many people are unhappy with the Biden economy.
The post Breitbart Business Digest: One Chart Shows Why So Many People Hate the Biden Economy appeared first on Breitbart.
The grand pledge of President Joe Biden “move heaven and earth” to rebuild the Francis Scott Key Bridge smacks of a promise only Herculean in its aspiration.
The post Breitbart Business Digest: Will Moving Heaven and Earth Be Enough to Rebuild the Baltimore Bridge? appeared first on Breitbart.
Immigration is not going to bail America out of our inflation mess.
As high inflation vexes the U.S. economy, a solid majority of registered voters say Biden’s policies will make prices rise.
We are in serious danger of entering a historically anomalous era of prolonged inflation.
Someone forgot to tell American families that inflation has been canceled.
Growth is up. Inflation is up. Job openings are up. The Fed’s interest rate target, however, is not.
The fact is that Bidenomics is not working, and the American people have noticed.
While Senator Tim Scott declared from the Reagan Library that union demands for higher pay and shorter work weeks “will not stand,” Donald Trump told workers in Michigan that “we love being with you.
The looming strike by the United Auto Workers is as much a protest against Bidenomics as it is the policies of General Motors, Ford Motor Company, and Stellantis.
The third GDP revision raises concerns about the persistence of inflation but also provides powerful support to our view that the economy is unlikely to enter a recession this year.
The bones of the U.S. economy are looking good as we hurtle toward the warming months.
Spending would fall by $1.3 trillion, debt service costs would decline, and IRS funding cuts would reduce revenues, the CBO said Tuesday night.
Long-term underlying inflationary pressures are pushing us toward a prolonged period of higher inflation or higher interest rates.
The Federal Reserve appears to expect economic growth to come crashing to an abrupt halt later this year.
As of March 15, the level of borrowings from the Federal Reserve’s liquidity and credit facilities had risen nearly 2,000 percent from the prior week.
The U.S. government on Sunday sought to affirm confidence in the U.S. banking system by announcing protection for all depositors in Silicon Valley Bank.
The government wants to stem a run on the banks.
A formerly-confidential memo from half a century ago suggests that the Federal Reserve may have a failsafe in the event of a protracted debt ceiling fight.
President Biden is planning to tap Federal Reserve Vice Chair Lael Brainard to serve as director of the National Economic Council, according to a Wall Street Journal report.
The labor market remains seriously out of balance, and the Federal Reserve is not likely to relent so long as this remains true.
The buzzword this Black Friday is “muted.
The economy is not going to make it easy for Federal Reserve chairman Jerome Powell to bring inflation down to the central bank’s two percent target.