WASHINGTON, D.C. — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months” before “moderating.” At the same time, Powell signaled […]
Dan Aykroyd of “Saturday Night Live” had a memorable spoof of President Jimmy Carter’s anti-inflation speech in 1978, where he was ‘quoted’ as saying: “Inflation is our friend. In the year 2000, if current trends […]
WASHINGTON, D.C. — Treasury Secretary Janet Yellen assured Congress that the recent jump in inflation is being monitored very carefully by the Biden administration, but said again that any increase will prove temporary. Testifying about […]
WASHINGTON, D.C. — The economy is growing at a healthy clip, and that has accelerated inflation, Federal Reserve Chair Jerome Powell says in written testimony delivered Tuesday at a congressional oversight hearing. Still, Powell reiterated […]
WASHINGTON, D.C. — With inflation rising in a fast-rebounding economy, the Federal Reserve is poised this week to discuss when it will take its first steps toward dialing back its ultra-low interest rate policies. It […]
Every time I hear Democrats sermonize about following “the science,” I feel as though I’m listening to members of the Flat Earth Society. Science is what the left wants to believe to be true. It […]
In a year plagued by disease, riots and massive government overreach, there might be one silver lining. The consumer price index for college tuition and fees fell .7% in August from the prior month. That’s […]
The Progressive Uber-Left is currently pushing MMT or Modern Monetary Theory which basically says budget deficits don’t matter and are actually beneficial to the economy. Therefore, elect them so they can run massive annual deficits […]
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