Tag: Inflation
Economists Predict Less Economic Growth, Elevated Inflation for Years to Come
(The Center Square) A survey released Monday found that business experts expect prices and inflation to rise at elevated levels for years to come.
The National Association...
Powell Admits Inflation Will Persist, Says It’s Time to Retire the...
(Associated Press) Chair Jerome Powell said Tuesday that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to...
Social Security Steams Closer to Crisis
(Stark Realities) At a time when President Biden and congressional Democrats are pushing to expand the breadth of entitlements to include free preschool and...
Edmunds: Low Inventory Means High Car Prices on Black Friday
(Ronald Montoya, Edmunds) This has been a tough year to buy a new or used car in America. With COVID-19 factory shutdowns, semiconductor chip...
Cap on Drug Price Hikes Sparks Battle
(Associated Press) Workers and families with private health insurance would reap savings on prescription drugs from a little-noticed provision in President Joe Biden's sweeping...
Rising Prices Threaten Profit Margins at Food Companies
(Associated Press) Albertsons, Mondelez and Kroger are among a wide range of companies whose profits could be squeezed from rising food prices if inflation...
Inflation Ain’t Transitory – But the Fed’s Credibility Is
(Clint Siegner, Money Metals News Service) Last week’s surge in gold and silver prices was due, at least in part, to a realization by Wall...
Biden’s Infrastructure Plan Points to Even More Price Inflation
(Daniel Lacalle, Mises Institute) What is the worst thing a government can do when there is high inflation and supply shortages? Multiply spending on energy...
Inflation Hits a 31-Year High as Biden Admin Insists It’s No...
(Ryan McMaken, Mises Institute) The Bureau of Labor Statistics reported Wednesday morning that prices rose 6.2 percent on a year-over-year basis in October. That’s the highest YOY...
Will Biden’s ‘Build Back Better’ Plan Really Reduce Inflation?
(Brad Polumbo, Foundation for Economic Education) Inflation is hitting home for millions of Americans. In large part thanks to runaway money-printing, consumer prices have...
