Showing posts with label Inflation. Show all posts
Showing posts with label Inflation. Show all posts

Sunday, October 6, 2024

Biden | Contrary To Harris Pretending Biden is the Problem, 'she was a major player in everything we've done'

Article Title: Biden made Trump campaign ad by calling Harris a 'major player in everything' admin does
Snippet of Article: "...Many conservative commentators said Friday that President Biden tying Vice President Kamala Harris so closely to his administration’s record is a boon to former President Trump's campaign. For the first time, Biden made an appearance during a White House press briefing where he spoke briefly...Biden was asked what role Harris has played amid numerous crises at home and abroad. "Well, she's, I'm in constant contact with her. She's aware we all, we're singing from the same song sheet. We, she helped pass all the laws that are being employed," said Biden. "Now, she was a major player in everything we've done ...she's been, and her, her staff is interlocked with mine in terms of all the things we're doing," Biden continued."


Source: www.yahoo.com

[tag] Harris Real Agenda is More of the Same Destructive Policies,Inflation,War,Democrat Approved Foreign Invasion Of America, [/tag]

Saturday, August 3, 2024

Retirees' Social Security checks have lost significant buying power

Article Title: Retirees' Social Security checks have lost significant buying power
Snippet of Article: "Inflation has taken a toll on seniors' ability to make ends meet, as annual cost-of-living adjustments fail to keep up. ...Retirees would need, on average, a $370 monthly boost in their Social Security checks to make up for a 20% loss of buying power since 2010.

That means today’s average monthly benefit of $1,860 for retired workers would need to rise to about $2,230, according to a new report from the Senior Citizens League, a nonpartisan group.

The spoiler: inflation. ..."


Source: yahoo.com

[tag] Democrats do nothing to help retirees and they are in power now!, Inflation has destroyed boomer retirees, Root Causes of Inflation is Democrat Rule, Do Nothing Democrats, [/tag]

Wednesday, June 26, 2024

Home Insurance Inflation | Rising home insurance costs are challenging would-be buyers and home owners

Article Title: Rising home insurance costs are challenging would-be buyers
Snippet of Article: "...Rising home insurance costs are putting the pinch on would-be homebuyers already challenged by soaring home prices and elevated interest rates. About 72% of U.S. homeowners said their policy premiums have increased over the past year, according to a survey by Redfin Corp. Furthermore, about 8% of those surveyed said their insurance company stopped offering coverage for their home, and another 9% of homeowners said they are worried their insurer may stop offering coverage. ..."


Source: www.bizjournals.com

[tag] Home Insurance Crisis,Bidenomics, Inflation, [/tag]

Bidenomics Continue to Fail Us | Fed official willing to raise interest rate if progress on inflation stalls

Article Title: Fed official willing to raise interest rate if progress on inflation stalls
Snippet of Article: "...The Fed on June 12 skipped a rate hike for the fourth time this year, after skipping interest rate increases four times during 2023. The central bank last made a rate hike of 25 basis points on July 26 last year. Over the course of 11 meetings from March 2022 to July 2023, the central bank raised rates by a total of 525 basis points to fight record inflation, which in the summer of 2022 rose to its highest point in more than 40 years. ..."


Source: news.az

[tag] Bidenomics and the Fed,Inflation,2024,The Democrat Years, [/tag]

Monday, June 10, 2024

Traders Are Bracing for Volatility on Fed-CPI Double Blow

Article Title: Traders Are Bracing for Volatility on Fed-CPI Double Blow
Snippet of Article: "Inflation has been the main focus for investors "


Source: finance.yahoo.com

[tag] Faux Job Reports to Make You Think the Economy is Good,The Biden Years,Manipulated Jobs Report, [/tag]

Thursday, May 16, 2024

Bidenomics | Biden's big inflation problem: Prices are now up nearly 20% since he took office

Article Title: Biden's big inflation problem: Prices are now up nearly 20% since he took office
Snippet of Article: "...Inflation cooled slightly in April, but even the slower price increases revealed this week still added to a tally that is perhaps the Biden campaign's most intractable economic challenge in the 2024 campaign season. Prices as measured by the seasonally adjusted Consumer Price Index (CPI) are now up over 19.4% in the three-plus years since Biden took office...."


Source: yahoo.com

[tag] Inflation,Bidenomics, [/tag]

Monday, May 13, 2024

illegal immigration crisis is contributing to lack of affordable housing in US

Article Title: Musk says illegal immigration crisis is contributing to lack of affordable housing in US
Snippet of Article: "...Billionaire Elon Musk weighed in on the economic impacts of illegal immigration in a series of posts on social media as he criticized the Biden administration's handling of the border crisis. Musk took to X to call out a variety of services and benefits that illegal immigrants have access to in the U.S. and argue they're contributing to the housing affordability crisis. A few other things you probably don't know: illegals in America can get bank loans, mortgages, insurance, driver's licenses, free healthcare (California, New York) and in-state college tuition, Musk wrote. What's the point of being a citizen if an illegal gets all the benefits, but doesn't pay taxes or do jury duty? If you're wondering why housing is so expensive, this is a major contributor..."


Source: www.foxbusiness.com

[tag] Root Causes of Inflation, The Democrat Years, Bidenomics, Housing affordability crisis, Destruction of Retirees, [/tag]

Equal COLA Act Needed as Federal Retirees Continue to Get Different COLA Rates

Article Title: Equal COLA Act Needed as Federal Retirees Continue to Get Different COLA Rates
Snippet of Article: "...Under current law, the COLAs for Social Security, CSRS, and FERS are all calculated based on the rate of inflation as measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). If CPI is 2% or less, the FERS COLA is the same as the CSRS and Social Security COLA. But if the CPI is between 2.01% and 3%, the FERS COLA is 2%. If the CPI is greater than 3%, then the COLA for FERS is 1% less than the CSRS COLA. ..."


Source:

[tag] CSRS vs. FERS, Age Discrimination in Federal Retirement, Biased Government, Equal COLA Act, [/tag]

Monday, May 6, 2024

All the data so far is showing inflation isn’t going away, and is making things tough on the Fed

Article Title: All the data so far is showing inflation isn’t going away, and is making things tough on the Fed
Snippet of Article: "...The last batch of inflation news that Federal Reserve officials will see before their policy meeting next week is in, and none of it is very good. ..."


Source: www.cnbc.com

[tag] [/tag]

The Fed Claims they are non-political, You can trust us!

Article Title: How the Fed weighs 'political risk' behind closed doors
Snippet of Article: "Jay Powell said this past week that pending elections don't get discussed at Federal Reserve meetings, challenging reporters to read the transcripts for themselves.

"I can't say it enough: We just don't go down that road," the Fed chair told reporters Wednesday... But political topics still came up repeatedly as Fed officials wrestled with decisions that affected the US economy.

The transcripts show central bank policymakers weighing both the possible economic impacts of political events — including elections and the coming of a new president — as well as the potential political reaction to their decisions. ...Throughout the seven meetings that Powell went on to chair in 2018, as one example, the term "political" was uttered 40 times, according to a search of the transcripts.

It came up as committee members discussed everything from then-President Trump's trade policy to..."


Source: yahoo.com

[tag] The Left Leaning Globalist of the Federal Reserve Delays Rate Changes Until Trump Becomes President, Destruction of the U.S> Economy, Bidenomics and the Fed, 2024 Elections, [/tag]

Thursday, April 11, 2024

Biden pays the price for causing runaway inflation as Americans are buried in bills

Article Title: Biden pays the price for causing runaway inflation as Americans are buried in bills
Snippet of Article: "...Is the Democratic Party incurably out of touch? On MSNBC Wednesday morning, Rep. Jim Clyburn (D-SC), who delivered black primary voters and secured Biden the Democratic presidential nomination in 2020, was gushing praise for Biden and denouncing complaints about inflation as “disinformation” from social media.

The host interrupted him to announce the report of the higher inflation number.

At a brief press conference Wednesday, Biden boasted the inflation rate isn’t as bad as earlier in his presidency.

Biden vindicated himself by falsely claiming “inflation was skyrocketing” when he took office in early 2021. Actually, the rate was 1.4% — less than a third of the current 4.8% annualized rate based on last month’s data. ..."


Source: nypost.com

[tag] Democrat Rule Failures, [/tag]

Wednesday, April 10, 2024

March 2024 CPI Report: Inflation Comes In Hot, Dashing Hopes for Fed Rate Cuts

Article Title: CPI Report: Inflation Comes In Hot, Dashing Hopes for Fed Rate Cuts
Snippet of Article: "The consumer price index climbed 3.5% year over year in March, according to data released today by the Bureau of Labor Statistics, faster than February's 3.2% pace. Economists surveyed by FactSet had expected an annual increase of 3.4%. The strong pace was driven by upticks in the cost of housing and gasoline. Core inflation came in at 3.8% year over year in March..."


Source: www.barrons.com

[tag] Why does inflation always rise under the Democrat Party rule, Bidenomics, [/tag]

Thursday, April 4, 2024

What To Expect From March’s CPI Inflation Report | Not Good Again

Article Title: What To Expect From March’s CPI Inflation Report
Snippet of Article: "...The CPI report for March 2024 will be released by the Bureau of Labor Statistics on April 10 at 8:30 a.m. ET. As of February’s CPI report, annual inflation is 3.2%, or 3.8% excluding food and energy. That data compares with the FOMC’s annual inflation target of 2%.

Nowcasts currently suggest March inflation data will come in at 0.34% for CPI and closer to 0.25% for PCE. Stripping out food and energy prices, the corresponding nowcasts are currently 0.31% and 0.23%, respectively. These inflation nowcasts are modeled by the Federal Reserve Bank..."


Source: www.forbes.com

[tag] March 2024 CPI, Bidenomics,Inflation,The Biden Years,Destruction of Retirees, [/tag]

Fed Chair Jerome Powell pumps brakes on rate cuts

Article Title: Fed Chair Jerome Powell pumps brakes on rate cuts
Snippet of Article: "...“On inflation, it’s too soon to say whether the recent readings represent more than just a bump,” Powell said. ..."


Source: abcnews.go.com

[tag] Inflation [/tag]

Thursday, March 28, 2024

Fed's still sees 'no rush' to cut rates amid sticky inflation data

Article Title: Fed's Waller still sees 'no rush' to cut rates amid sticky inflation data
Snippet of Article: "NEW YORK, March 27 (Reuters) - Recent disappointing inflation data affirms the case for the U.S. Federal Reserve to hold off on cutting its short-term interest rate target...no rush to cut the policy rate" right now, Waller said in a speech at an Economic Club of New York gathering. Recent data "tells me that it is prudent to hold this rate at its current restrictive stance perhaps for longer than previously thought to help keep inflation on a sustainable trajectory toward 2%. ..."


Source: www.reuters.com

[tag] Sticky Inflation Data, Inflation Continues to Climb,Inflation,2024,Democrat Legacy,The Biden Years, [/tag]

Monday, February 19, 2024

Inflation | Oil Prices Soar

Article Title: Oil prices are rising despite a rough start to 2024
Snippet of Article: "...Oil's bumpy start in 2024 has turned into a steady climb in recent weeks, with futures for West Texas Intermediate (CL=F) and Brent (BZ=F) up more than 9% and 7% year to date, respectively.Oil's bumpy start in 2024 has turned into a steady climb in recent weeks, with futures for West Texas Intermediate (CL=F) and Brent (BZ=F) up more than 9% and 7% year to date, respectively. On Friday, WTI traded above $78 per barrel while Brent hovered above $83 per barrel, both on pace for their fourth weekly gain out of the past five. ..."


Source: finance.yahoo.com

[tag] Inflation [/tag]

Tuesday, November 28, 2023

Bidenomics | Biden slammed for bragging he is bringing prices down - even though they are UP since he entered office

Article Title: Biden slammed for bragging he is bringing prices down - even though they are UP since he entered office
Snippet of Article: "FACT: Since Biden took office, airfare is up 21%, Thanksgiving dinner was up 25%, and gas prices are $0.86/gallon higher ...Inflation may have slowed and some prices may have dropped since last year, but most prices are still higher than they were before the pandemic. ...inflation raced out of control because of Biden's stimulus spending."


Source: www.dailymail.co.uk

[tag] Destruction of Retirees,destruction of the working class,Destruction of America,Destruction of U.S. Eldery,Bidenomics,Biden Legacy,Inflation, [/tag]

Thursday, September 14, 2023

Bidenomics | West Texas Intermediate crude (WTI) Hits $90 a Barrel

Article Title:
Snippet of Article: "...Oil prices jumped on Thursday, with U.S. crude topping $90 a barrel, as expectations of a tighter supply grew. West Texas Intermediate crude (WTI) gained 1.6% to reach a high of $90.04 per barrel, touching its highest level since November 2022. Brent crude was up 1.5%, at $93.23, reaching a 10-month high. ..."


Source: twitter.com

[tag] Biden Energy Prices,Bidenomics,Biden Legacy,West Texas Intermediate crude (WTI),Root Causes of Inflation,Inflation,Biden Admins Attack om U.S. Oil Industry,Destruction of America, [/tag]

Saturday, September 9, 2023

Surging oil prices: Blame Biden’s ‘put America last’ energy policies

Article Title: Surging oil prices: Blame Biden’s ‘put America last’ energy policies
Snippet of Article: "...gas prices will soon rise well above $4 a gallon nationally. These price hikes are like a multibillion-dollar tax on American families and drivers, with money going straight into the coffers of the OPEC nations and Russia. The Saudis and Vladimir Putin couldn’t have scripted it better. But there’s another villain here: President Joe Biden’s “put America last” war against our domestic fossil fuels. ..."


Source: nypost.com

[tag] Gas Prices,Root Causes of Inflation,Biden Legacy, [/tag]

Tuesday, September 5, 2023

Biden Admin Continues Attempts To Increase Fuel Prices For America

Article Title: Biden admin quietly reverses Trump-era rule, bans transporting fossil fuels by train
Snippet of Article: "The Biden administration quietly rescinded a Trump-era regulation allowing companies to transport liquefied natural gas (LNG) via rail in a victory for environmental groups. ... "


Source: www.foxnews.com

[tag] Bidenomics,Biden Admin Fails,Biden Legacy,Destruction of American Independence, Inflation, Fuel Costs Under Biden Admin (2023) , liquefied natural gas (LNG), [/tag]