11 h. ago Inflation surged in June amid tariffs as Trump declared 'inflation is dead'

A fresh report on Tuesday marked two consecutive months of rising inflation.

Politics

11 h. ago Fed's inflation fears start to be realized with June CPI increase

Fed's inflation fears start to be realized with June CPI increase  Reuters

Politics

17 h. ago Inflation report to arrive as Trump, Fed disagree over tariff risks

Inflation has cooled this year, defying the fears of many economists.

Politics

17 h. ago If You Like 35 Percent Inflation, Go Ahead, Fire the Fed Chair

Comparisons to what happened in Turkey and Hungary are not far-fetched.

Events

6 d. ago Breitbart Business Digest: The Fed’s Tariff Inflation Orthodoxy

If you were wondering how Federal Reserve officials view Donald Trump’s tariff plans, the latest Federal Open Market Committee (FOMC) minutes make one thing perfectly clear: they all think tariffs are inflationary. The post Breitbart Business Digest: The Fed’s Tariff Inflation Orthodoxy appeared first on Breitbart.

Economics

2 w. ago Underlying Inflation Cools Sharply in May, Strengthening Case for Fed Rate Cuts

The Federal Reserve’s preferred inflation gauges showed underlying price pressures easing in May, reinforcing the case for interest rate cuts later this year as price growth continues to drift downward. The Personal Consumption Expenditures (PCE) price index, released Friday by The post Underlying Inflation Cools Sharply in May, Strengthening Case for Fed Rate Cuts appeared first on Breitbart.

Politics

2 w. ago Fed's Favorite Inflation Gauge Shows No Signs of Tariff Price Hikes

Durable goods prices—the category most directly exposed to international trade—were flat month-over-month, showing zero growth after a 0.5 percent gain in April. The post Fed’s Favorite Inflation Gauge Shows No Signs of Tariff Price Hikes appeared first on Breitbart.

Economics

2 w. ago ‘Should Resign’, 'Costing Govt $400 Billion a Year’: Sen. Moreno Grills Fed Chair Powell for Dodging Role in Inflation While Attacking Trump Tariffs

Sen. Bernie Moreno (R-OH) tore into Federal Reserve Chair Jerome Powell during a tense Senate hearing accusing him of staying silent on Democrat-driven inflation while opposing President Trump’s trade policies and costing the U.S. government $400 billion a year. The post ‘Should Resign’, ‘Costing Govt $400 Billion a Year’: Sen. Moreno Grills Fed Chair Powell for Dodging Role in Inflation While Attacking Trump Tariffs appeared first on Breitbart.

Economics

3 w. ago Powell Pushes Back On Trump, Says Tariff Uncertainty Justifies Holding Rates Steady

Fed chair tells lawmakers inflation could rise again due to Trump’s tariffs, keeping rate cuts on hold for now. The post Powell Pushes Back On Trump, Says Tariff Uncertainty Justifies Holding Rates Steady appeared first on Breitbart.

Politics

3 w. ago Larry Kudlow: Federal Reserve Groupthink Is a Bureaucratic Disease

Thursday on Fox Business Network’s “Kudlow,” host Larry Kudlow discussed the Federal Reserve’s “groupthink” on tariffs and inflation. Kudlow said, “Other war, as Breitbart’s John Carney put it. The Federal Reserve has gone to war against tariffs. Now, unlike the The post Larry Kudlow: Federal Reserve Groupthink Is a Bureaucratic Disease appeared first on Breitbart.

Politics

3 w. ago Fed Holds Rates Steady, but Sees Higher Inflation and Lower Growth Ahead

Officials at the Federal Reserve left interest rates unchanged, as they brace for the effects of President Trump’s policies on trade, taxes and immigration.

Politics

3 w. ago Fed Shock: Fed Officials Forecast Higher Rates and Higher Inflation

The Fed says it expects tariffs will trigger higher inflation later this year. The post Fed Shock: Fed Officials Forecast Higher Rates and Higher Inflation appeared first on Breitbart.

Events