Poll: More Americans Blame Biden, Not Trump, For Rising Inflation
A poll released Monday indicates Americans view President Joe Biden as responsible for skyrocketing inflation rather than former President Donald ...
Tag: inflation
Wall Street Goes Full Fed Groupthink: 72% Think Inflation Is “Transitory”
We have previously slammed the Bank of America Fund Manager Survey which over the past two years lost all "signal" ...
Used Car And Truck Prices Are Fueling A Dramatic Rise In Inflation
Used cars and truck prices climbed 7.3% on the month and 29.7% for the past 12 months while the new ...
“The Transitory Scam” – Ten Companies Warn About Passing Along Rising Costs To Consumers
It's not surprising that last week's 5.0% CPI reading in headline consumer prices year-over-year in May was the fastest pace of increase ...
Hot inflation may have become scorching in May and is expected to hit a 28-year high
Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May. The ...
The New Inflation Numbers Are Absolutely Horrific and Not a Mean Tweet in Sight
Are we having fun yet? The new inflation numbers are out and they are absolutely horrific. After the terrible report ...
U.S. inflation is transitory but could become more persistent, says ex-Fed official Dudley
The recent spike in U.S. inflation is likely transitory for now — but it could become more persistent in the ...
Inflation… Or Speculation?
Inflation... Or Speculation? A funny thing happened on the way to a hyped-inflationary future... In the great inflation debate (transitory ...
A key U.S. inflation gauge rose 3.1% year over year, higher than expected
A key inflation indicator rose a faster-than-expected 3.1% in April as price pressures built in the rapidly expanding U.S. economy, ...
Fed’s Bostic says there’s no reason to change policy despite inflation fears
Atlanta Federal Reserve President Raphael Bostic told CNBC on Monday that he's comfortable with the central bank's ultra-loose policy even ...
By Any Objective Standard, The Biden Presidency Is An Unmitigated Disaster
Before the election, I made it clear, that unlike how Hillary voters acted after 2016, I would accept the outcome ...
Why Inflation Is at a 12-year High
Yesterday, the Bureau of Labor Statistics (BLS) released numbers indicating that the average price level of consumer goods has risen ...
Thomas Peterffy says he’s worried inflation in U.S. could become an ‘unstoppable situation’
Wall Street pioneer Thomas Peterffy told CNBC on Wednesday he was concerned about the prospect of damaging inflation in the ...
BLS and consumer price index: Inflation is real, and it’s spectacular
“These are staggering numbers,” CNBC’s Rick Santelli, and while the direction was expected, the amplitude was very much a surprise. ...
Warren Buffett says Berkshire Hathaway is seeing ‘very substantial inflation’ and raising prices
Warren Buffett is seeing inflation among Berkshire Hathaway's collection of businesses as the economic recovery from the Covid pandemic kicks ...
Fed holds interest rates near zero, sees faster growth and higher inflation
The Federal Reserve on Wednesday kept its easy money policy in place despite an economy that it acknowledged is accelerating. ...
Inflation Might Bring Down Biden: Republicans, Take Heed
A specter is haunting the Democratic Party — the specter of inflation. Inflation is an insidious tax that robs the ...
Shortage of semiconductors, dubbed the ‘new oil,’ could dent GDP growth, boost inflation
Economic growth could slow and inflation is likely to see at least a momentary bump higher as the semiconductor shortage ...
U.S. inflation could hit 3% or 4% by the middle of 2022, veteran strategist warns
More and more strategists believe investors are underestimating the outlook for consumer prices. David Roche, president of investment firm Independent ...