The Bank of England has cut its base interest rate to 4%, even as it warns of rising inflation. “We’ve cut interest rates today, but it was a finely...
Rumors are circulating that the United States may begin to print $500 bills. The US Bureau of Engraving and Printing began printing $500 bills in 1861 until 1945,...
Consumer sentiment remained elevated for the second consecutive month but remains worse than in December 2024, according to the University of Michigan’s Surveys...
Wages in America have been unable to keep up with inflation. A new report by the Atlanta Fed found that 40% of America’s workforce now earns less than the...
The Democrats official X account posted a chart featuring US grocery inflation. The intent was to show the public that prices had reached record highs in 2025 under...
The Council of Economic Advisers (CEA) issued a new report that found tariffs are not to blame for inflation. In fact, the cost of imported goods has fallen this...
The Minutes Report by the Federal Reserve indicates that the central bank is unlikely to cut rates at the next Federal Open Market Committee meeting on July 29-30....
The Federal Reserve’s Survey of Consumer Expectations foresees inflation returning to “pre-tariff” levels. As I have mentioned, the rising costs were a mere...
The consumer price index rose by 0.1% in May, bringing the annual rate of inflation to 2.4%. Excluding food and energy, the core CPI came in respectively at 0.1%...
The world’s bread basket is facing significant food inflation. Prices on groceries in Ukraine rose 22.1% in May compared to the same time period last year....
