Inflation has been slowing down for the last two months, suggesting that the Fed will not hike rates this year.
Congress pass $1 trillion spending bill, while Fed continues pumping billions into repurchasing market.
The jump in incomes and consumer spending undermines the narrative of an ailing economy that Democrat presidential hopefuls are pushing.
Extremely favorable consumer sentiment level poses a challenge for Democratic presidential hopefuls who the economy is struggling.
Coming financial disaster to make 2008 crisis look like nothing
The holiday season and surging consumer sentiment is not pushing up prices. Prices received by U.S. businesses were unchanged in November, indicating extremely low inflationary pressure in the economy despite very low unemployment, recent tariff hikes, and rising wages, according
Tariffs weren’t the Grinch who stole Christmas after all. Prices of phones, computers, televisions, and toys are down while wages are up.
Newly-minted dollars never make it into broader economy
The U.S. economy grew at a 2.1 percent annual rate over the summer, faster than first estimated, the government said Wednesday. The July-September growth rate in the gross domestic product, the economy’s total output of goods and services, exceeded the Commerce Department’s initial estimate of a 1.9 percent annual rate. A key reason is that…
The post More Bad News for Dems: Trump’s Economy Still Growing, Beat Last Quarter Estimates appeared first on The Western Journal.
A study suggests that the cost of college in the United States has risen 112 percent above inflation over the past four years.
Prices for imported goods plunged by more than expected in October, undercutting critics who claimed tariffs would hurt consumers
Tariffs did not raise prices on consumers. But they did initially pressure profits. The latest price data shows that has eased.
The Roman Empire crumbled to dust because it lacked the spirit of liberalism and free enterprise
Inflation expectations remained low while income expectations jumped higher in September, according to the NY Fed.
Prices of light trucks, appliances, and computers all fell in September, once again demonstrating the tariffs aren’t taxing consumers.
The Department of Labor’s Producer Price Index fell 0.3 percent in September from a month earlier.
Official figures show that inflation across the 19-country eurozone was lower in July than anticipated, bolstering expectations that the European Central Bank will provide another shot of stimulus to the single currency bloc next month.
Central banks leading global currency crisis
Consumer price inflation remains very low, defying predictions that tariffs on metals and Chinese goods would squeeze U.S. families.
Prices of goods, less food and fuel, unexpectedly fell in July, once again demonstrating tariffs are hurting U.S. consumers.|