Tag Archives: inflation

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Asked about political impact of inflation, US President Joe Biden called the reporter who shouted the question a “stupid son of a b****.” The remark was captured before his microphone was cut off, at Monday’s meeting of the White House Competition Council. The White House press corps was invited to …

Even as the US reels under the assault of the Omicron variant that has pushed Covid cases to record levels, Americans aren’t worried so much about their health as they are about their pocketbooks, as inflation surges.  A December survey of voters revealed that 68% of Americans mentioned the economy …

That’s according to a Fox News poll published on Thursday. The poll found that more than two thirds of registered voters have suffered financial hardship in the past six months as a result of inflation, with two thirds saying that Biden’s leadership is “very” or “somewhat” responsible for skyrocketing prices. …

Why are we suddenly hearing so much about inflation? Inflation, which for a few decades many economists felt had finally been tamed by the use of sophisticated modern monetary policies, is back in the news because prices are rising in the United States at the fastest rate since 1982.  Rising …

Overall, 45% of respondents in a new Gallup poll said they were struggling directly because of inflation and ballooning prices hitting multiple industries. Among households making $40,000 or less, 71% said they were suffering hardship from inflation.  Of those households earning less than $40,000, over a quarter (28%) describe the …

Asked about his use of the term transitory when speaking about inflation by Sen. Pat Toomey (R-Pennsylvania), Powell admitted the word’s actual definition may not exactly fit what he and others have been trying to get across to Americans dealing with record inflation and booming costs on everything from food …

“The math suggests we’re probably going to see somewhat higher readings over the next few months before they likely start to taper off,” Minneapolis Federal Reserve Chairman Neel Kashkari told ‘Face the Nation’ on Sunday. According to Kashkari, current inflation and supply chain issues are a result of a “surge …

The network posted a Twitter message on Monday to promote an article on rising prices by saying, “Why the inflation we’re now seeing is a good thing.” The article was an opinion piece asserting that inflation fears are being overblown by other media outlets, including CNN, and that rising prices …

Secretary of the Treasury Janet Yellen promised this week that the United States’ inflation outlook remains under control. “I don’t think we’re about to lose control of inflation,” she told CNN.  What she didn’t say is that’s because it’s possible the Biden administration has already lost control of inflation, which …