Tag: Runaway Inflation

00:11:06

‘Very Unfavorable’ Political Scenario Appears to Be Taking Shape for Democrats

There's an unfavorable midterm election scenario for Dems as inflation and gas prices remain really high and left-wing media turn on Biden.
00:05:27

Sen. John Kennedy: Congress has got to reduce the rate of growth of spending and reduce the rate of growth of debt accumulation!

Congress must reduce the rate of growth of spending and reduce the rate of growth of debt accumulation if it wants to stop inflation proves Kennedy while grilling Powell.

Getting Priced Out Of The American Dream Of Home Ownership – Is The Crash Near?

A year ago, mortgage rates set record lows as home prices soared. Now, interest rates are near 7%, while home prices have jumped in some places by 40% since 2020.
00:06:27

Recession Coming in 2024: Economic Forecaster

American industry will slow down next year, then fall into a recession the year after, according to ITR Economics, an economic forecaster.

Trump and GOP Governors Criticize Biden Administration Over Record Inflation

Trump and Republican governors criticized Biden admin, saying its poor decisions and policies have led to current record-high inflation.
00:01:27

3rd Wave of Inflation Will Be Unleashed If Fed Doesn’t ‘Get Its Act Together’: El-Erian

Mohamed El-Erian warned a third wave of inflationary pressures is building and will be “unleashed” if Federal Reserve doesn’t act quickly.

Majority of Americans Fear Soaring Inflation Will Impact Spending Power in Retirement: Poll

Majority of Americans aged 45 to 75 are concerned soaring levels of inflation may reduce their spending power when it comes to retirement.
00:01:57

Are ‘Inflation Relief’ Checks Like Pouring Gas Onto Inflationary Fire?

Critics argue “Inflation relief” checks or tax rebates to help households only amount to fiscal stimulus keeping inflation higher for longer.
00:06:47

Jeff Bezos Responds After Biden Demands Gas Stations Lower Prices

Biden suggested on Twitter that gas stations across the U.S. charge customers less for gasoline to offset historically high gas prices.

Fed Will Soon Return to Money Printing to Avert Government Default, Says Analyst

Federal Reserve likely to continue to print substantial amounts of money because doing otherwise would threaten federal gov. with insolvency.

Optimism Among US Business Leaders Drops to New Low Amid Rising Inflation, Supply Issues, Labor Shortages

Optimism among business leaders regarding outlook of U.S. economy has drastically declined in past year, according to JPMorgan’s 2022 Business Leaders Outlook Pulse.

Californians to Receive $1,050 in Inflation Relief

About 23 million Californians will be eligible to receive $1,050 checks under a new inflation relief package, the governor announced June 26.