President of the United States & Inflation
head of state and head of government of the United States of America
About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds
Biden needs to face facts: He’s still losing to Trump : For President Biden and the Democrats, thing are looking ugly in November.
thehill.com/opinion/campaign/4604865-biden-needs-to-face-facts-hes-still-losing-to-trump/
5 worries keeping Biden, Democrats up at night: President Biden’s campaign is feeling good about where it is in its battle for reelection ...
thehill.com/homenews/campaign/4605899-five-worries-keeping-biden-democrats-up-at-night/
Trump campaign blasts Biden for ‘largest tax hike ever' as Americans face 'record-high inflation'
foxbusiness.com/politics/trump-campaign-blasts-biden-largest-tax-hike-americans-face-record-high-inflation
What the cost of insulin may mean for Biden's campaign: President Joe Biden frequently cites insulin prices as he promotes a $35 price cap for Americans with ...
apnews.com/article/biden-insulin-prices-cap-campaign-impact-f969191c3c5178c91cc973a1b89c2200
Macron Says Inflation Cannot Be Sole Target of Monetary Policy: French President Emmanuel Macron said inflation can no longer be the only target for European ...
bloomberg.com/news/articles/2024-04-25/macron-says-inflation-cannot-be-sole-target-of-monetary-policy
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Quick Glance: Macron Calls for Stronger European Defense
- Macron urged Europe to adopt a credible defense strategy less dependent on the US.
- He warned that Europe was not adequately prepared to face global threats like Russia's war in Ukraine.
- Emphasizing European sovereignty, Macron called for autonomy in defense and the economy.
- He advocated for a revision of EU trade policy, prioritizing European suppliers for military equipment.
Javier Milei Sparks Wild Rally That Makes Peso No. 1 in World: Four months into office, Argentine President Javier Milei has pulled off a critical feat in a ...
bloomberg.com/news/articles/2024-04-25/javier-milei-sparks-wild-rally-that-makes-peso-no-1-in-world
Paid articlePaid More Americans worried about climate change, but few think Biden's climate law will help, AP-NORC poll says
pbs.org/newshour/politics/more-americans-worried-about-climate-change-but-few-think-bidens-climate-law-will-help-ap-norc-poll-says
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
Macron Says Inflation Cannot Be Sole Target of Monetary Policy: French President Emmanuel Macron said inflation can no longer be the only target for European ...
bloomberg.com/news/articles/2024-04-25/macron-says-inflation-cannot-be-sole-target-of-monetary-policy
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JPMorgan Chase CEO Jamie Dimon says Bidenomics is only ‘partially’ working as many Americans aren’t feeling ‘lifted up by this economy’
fortune.com/2024/04/25/jamie-dimon-on-bidenomics-jpmorgan-chase-economy-inflation-infrastructure/
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Poll: Biden economy is a big concern for independent Mass. voters: Independents are less likely to share Democrats’ rosy take on the state’s economy ...
bostonglobe.com/2024/04/25/business/massachusetts-voter-poll-independents-biden-economy/
Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...
trib.al/XuRnSYN
Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years: As the economy cools, pressure is building on the Bank of England to cut interest rates.
nytimes.com/2024/04/17/business/uk-inflation-economy-interest-rates.html
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
DOESN'T ADD UP: The overwhelming evidence debunking the president's claims that he inherited the country's economic issues.www.foxbusiness.com/politics/biden-claims-inflation-skyrocketing-took-office-despite-data-showing-opposite
March's inflation data had good and bad news about food: It's getting increasingly cheaper to eat at home.
axios.com/2024/04/10/march-cpi-food-inflation
Javier Milei Sparks Wild Rally That Makes Peso No. 1 in World: Four months into office, Argentine President Javier Milei has pulled off a critical feat in a ...
bloomberg.com/news/articles/2024-04-25/javier-milei-sparks-wild-rally-that-makes-peso-no-1-in-world
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Inflation is still bad. It's both Trump and Biden's fault. Who will fix it?: Inflation is still high. Trump's stimulus created it. Now Biden won't admit his plan ...
usatoday.com/story/opinion/columnist/2024/04/10/inflation-biden-economy-americans-spending-income-wages/73275197007/
BIDEN’S BOOST? What experts are saying about the central bank's impact on the president's reelection prospects.www.foxbusiness.com/economy/federal-reserve-slashing-interest-rates-ahead-of-election-day
Soaring prices pose threat to consumers, and Biden: Crude's flirtation with levels above $90 are both a political and economic challenge.
axios.com/2024/04/12/crude-prices-inflation-gas
Turkey Municipal Elections: Erdogan Set for Shock Defeat Against Main Opposition: Turkey’s Recep Tayyip Erdogan suffered an unprecedented defeat at the ballot ...
bloomberg.com/news/articles/2024-03-31/turkey-municipal-elections-erdogan-set-for-shock-defeat-against-main-opposition
Paid articlePaidQuick Glance: Erdogan's Fate after Turkey's Local Elections
- Opposition celebrates surprise victory in Turkish local elections as AKP falters
- CHP wins 35 mayor positions, including Istanbul and Ankara
- Media sees Erdogan's power diminishing and speculates on possible consequences
- Erdogan announces self-criticism and may resort to nationalist foreign policy to sway public opinion
FTC calls out profits as a driver of grocery prices: A new Biden administration report is raising questions about the cause of rising food prices ...
thehill.com/business/4564255-ftc-calls-out-profits-as-a-driver-of-grocery-prices/
Fed’s Jeffrey Schmid Rejects Preemptive Rate Cuts, Favors ‘Patient’ Approach: A slew of Federal Reserve officials emphasized Friday that there is no urgency to ...
bloomberg.com/news/articles/2024-04-12/fed-s-schmid-rejects-preemptive-cuts-amid-lingering-inflation
Fed’s Mary Daly Sees No Urgency to Adjust Interest Rates: Federal Reserve Bank of San Francisco President Mary Daly said there is absolutely no urgency to adjust ...
bloomberg.com/news/articles/2024-04-12/fed-s-daly-says-there-s-absolutely-no-urgency-to-adjust-rates
Paid articlePaid Fed’s Collins Sees No Urgency to Cut Interest Rates in Near Term: Federal Reserve Bank of Boston President Susan Collins reiterated she sees no urgency to cut ...
bloomberg.com/news/articles/2024-04-12/fed-s-collins-sees-no-urgency-to-cut-interest-rates-in-near-term
Paid articlePaid Argentina Monthly Inflation Slowed More Than Expected in March: Monthly inflation in Argentina slowed more than expected in March, cooling for the third straight ...
bloomberg.com/news/articles/2024-04-12/argentina-monthly-inflation-slowed-more-than-expected-in-march
Paid articlePaid Argentina Tourism Slows Amid Surging Inflation, Narrower FX Gap: Argentina’s surging inflation threatens to crimp a key source of tourism revenue as foreigners ...
bloomberg.com/news/articles/2024-04-12/argentina-inflation-near-300-wipes-out-tourists-deep-discounts
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Fed's Goolsbee keeps policy focus on PCE after high consumer price readings: Chicago Federal Reserve President Austan Goolsbee said on Friday continued high ...
reuters.com/markets/us/feds-goolsbee-keeps-policy-focus-pce-after-high-consumer-price-readings-2024-04-12/
Argentina Cuts Key Rate to 70% as Investors See Inflation Easing: Argentina’s central bank cut its main interest rate for the third time since President Javier ...
bloomberg.com/news/articles/2024-04-11/argentina-cuts-key-rate-to-70-as-investors-see-inflation-easing
Paid articlePaid Hot inflation may put Fed rate cut in thick of election season: Hot U.S. inflation data has put the Federal Reserve's debate over a first interest rate cut on a ...
reuters.com/world/us/hot-inflation-may-put-fed-rate-cut-thick-election-season-2024-04-11/
Boston Fed president Susan Collins still sees rate cuts this year: But the central bank may begin lowering borrowing costs later and make fewer cuts than Wall ...
bostonglobe.com/2024/04/11/business/federal-reserve-rate-cut-forecast/
Williams Signals Fed Still Has Work to Do in Its Inflation Fight: Federal Reserve Bank of New York President John Williams said the central bank has made ...
bloomberg.com/news/articles/2024-04-11/williams-signals-fed-still-has-work-to-do-in-its-inflation-fight
Paid articlePaid More Black and Latino voters favor Trump. But GOP still needs to change its message.
usatoday.com/story/opinion/2024/04/01/black-latino-voters-trump-biden-election-inflation-economy/73144976007/
Focus on South Korea President Yoon Suk Yeol, cost of living, inflation as country goes to polls
channelnewsasia.com/asia/south-korea-election-yoon-suk-yeol-cost-living-inflation-people-power-party-democratic-party-4252651
Quick Glance: South Korea’s ‘Luke Skywalker’ Triumphs Against President Yoon
- Former minister Cho Kuk aids in leftwing alliance's electoral victory
- Former justice minister Cho Kuk, convicted on corruption charges, played a pivotal role in the defeat of conservative President Yoon Suk Yeol in parliamentary elections.
- Cho calls for Yoon and PPP leader Han Dong-hoon, both former prosecutors, to be held accountable for abuse of power.
- The leftwing alliance narrowly missed the 200-seat mark that would have allowed them to bypass a presidential veto. Yoon now faces over three years as a lame duck, while the country heads towards more than three years of stagnation.
How inflation is hurting Biden's progress on the economy: In dealing with the economy, President Biden faces all too-real consequences of higher inflation ...
latimes.com/business/story/2024-04-10/why-biden-is-getting-little-credit-for-the-good-economy
Fed’s Austan Goolsbee Says More to Do on Inflation, Trade-Offs Rising: Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers still have a ...
bloomberg.com/news/articles/2024-04-10/fed-s-goolsbee-says-more-to-do-on-inflation-trade-offs-rising
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Companies are using inflation to price-gouge Americans – and making it worse: Thanks to near-monopolies in many industries, corporations are seeing record ...
theguardian.com/commentisfree/2024/apr/11/companies-inflation-price-gouging
NY Fed President Says Hot Inflation Data Are ‘Bumps Along the Way’: In prepared remarks before the Federal Home Loan Bank of New York 2024 Member Symposium ...
barrons.com/articles/ny-fed-president-williams-inflation-data-0e01b374
Paid articlePaid Food Prices Are Up Under Biden, Like Every Other President: Still, it’s a stretch to think Biden can do much about them when no president before him could ...
bloomberg.com/opinion/articles/2024-04-09/food-prices-are-up-under-biden-like-every-other-president
Paid articlePaid Ex-Fed President Bullard Says Three Interest Rate Cuts This Year Is Base Case: Former Federal Reserve Bank of St. Louis President James Bullard said he’s ...
bloomberg.com/news/articles/2024-04-09/bullard-says-three-interest-rate-cuts-this-year-is-base-case
Paid articlePaid How It Started ... How It's Going: Inflation-adjusted hourly wages lower today than when Biden took office
foxbusiness.com/economy/started-going-inflation-adjusted-hourly-wages-lower-today-biden-took-office
Javier Milei Races to Ease Argentina Inflation, Keep Voter Support: Javier Milei finds himself up against the clock just four months into his term as Argentina’s ...
bloomberg.com/news/articles/2024-04-03/javier-milei-races-to-ease-argentina-inflation-keep-voter-support
Dollarization: Argentina hasn't adopted USD as politicians 'play dirty,' Milei says
markets.businessinsider.com/news/currencies/dollarization-argentina-milei-us-dollar-dominance-economy-inflation-debt-pesos-2024-4
Fed’s Lorie Logan Says Too Soon to Think About Interest-Rate Cuts: Federal Reserve Bank of Dallas President Lorie Logan said it’s too soon to consider cutting ...
bloomberg.com/news/articles/2024-04-05/fed-s-logan-says-much-too-soon-to-think-about-cutting-rates
Stock market today: Indexes drop on Kashkari rate-cut signal, oil hits $90: US stocks fell Thursday as Fed rate cut hopes cooled, while oil surged before March ...
markets.businessinsider.com/news/stocks/stock-market-today-neel-kashkari-rate-cut-guidance-dow-sp500-2024-4
Businesses just managing to get by: The current challenges are over reining in inflation, increasing foreign exchange reserves, remittance inflows ...
thedailystar.net/business/economy/news/businesses-just-managing-get-3582266
Fed’s Bostic Expects One Rate Cut This Year, in Fourth Quarter: Federal Reserve Bank of Atlanta President Raphael Bostic said it will likely be appropriate to ...
trib.al/2aCNPlT
Fed official rules out May rate cut: Cleveland Federal Reserve President Loretta Mester said Tuesday that she is unlikely to support cutting interest rates at ...
thehill.com/business/4570076-fed-official-rules-out-may-rate-cut/
Ian Fredericks, President, Hilco Global Consumer-Retail, explains why a slowdown in inflation and a boost in U.S. jobs will bolster overall retail volume ... Show more #retail fairchild.storied.co/retail-rx/
Women Could Be the Key to Solving Biden’s Inflation Perception Problem: In 1948, Democratic women amplified a message about inflation to secure Harry Truman's ...
time.com/6958565/inflation-election-campaign-history/
House Republicans Use a Big Lie to Stand Up for Big Pharma: Republicans rely on the wrong data to try to justify repealing Biden’s Medicare drug negotiation plan ...
rollingstone.com/politics/politics-features/republicans-medicare-big-pharma-1234993455/
“We don’t need to be in a hurry to cut."Fed Chair Jerome Powell repeated that the US central bank isn’t in any rush to cut interest rates during an ... Show more www.bloomberg.com/news/articles/2024-03-29/powell-says-latest-inflation-data-in-line-with-expectations
Quick Glance: US February Inflation Data Aligns with Fed's Expectations, Powell States
- The latest U.S. inflation data aligns with what the Federal Reserve wants to see, according to Federal Reserve Chair Jerome Powell. The personal consumption expenditures (PCE) price index data released on Friday matched expectations and showed less of a slowdown than last year. However, Powell emphasized that the February report did not undermine the Fed's baseline outlook.
- Some details of the PCE data showed improvements in inflation aspects considered important by the Fed, even though the overall numbers showed little progress in the first two months of the year. Last week, the Fed kept its benchmark overnight interest rate steady at 5.25%-5.50% and narrowly confirmed the baseline projection of a 0.75 percentage point rate decrease by the end of this year.
- Powell has had to reconcile expectations for rate cuts with data indicating a slowdown, if not a halt, in the improvement of inflation numbers in recent weeks. He stated that recent high inflation does not alter the overall narrative of easing price pressures, but acknowledged that the recent data cannot be completely dismissed as a sign of slowed progress.
Argentine Poverty Neared Pandemic Levels Before Milei Austerity: Poverty levels in Argentina rose slightly in the second half of 2023 as soaring inflation ...
bloomberg.com/news/articles/2024-03-27/argentine-poverty-neared-pandemic-levels-before-milei-austerity
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Here’s What’s Really Going on With Skyrocketing Food Prices: Rising grocery prices are frustrating consumers across the nation — including President Biden ...
foodandwine.com/usa-inflation-food-costs-8622334
Chicago Fed President Austan Goolsbee said three rate cuts in 2024 are "in line with my thinking," and that the fundamental story about falling ... Show more yhoo.it/3IWW2UO
Argentina inflation stings as people brace for president’s radical change: Some 100 days into office and Argentina’s Milei struggles to pass legislation needed ...
csmonitor.com/World/Americas/2024/0329/Argentina-inflation-stings-as-people-brace-for-president-s-radical-change
Paid articlePaid Argentine Poverty Neared Pandemic Levels Before Milei Austerity: Poverty levels in Argentina rose slightly in the second half of 2023 as soaring inflation ...
bloomberg.com/news/articles/2024-03-27/argentine-poverty-neared-pandemic-levels-before-milei-austerity
Paid articlePaid Federal Reserve expected to cut rates, lift Biden's prospects: The U.S. Federal Reserve looks on track to cut interest rates as the presidential campaign season ...
reuters.com/markets/us/federal-reserve-expected-cut-rates-lift-bidens-prospects-2024-03-25/
Fed’s Lorie Logan Says Too Soon to Think About Interest-Rate Cuts: Federal Reserve Bank of Dallas President Lorie Logan said it’s too soon to consider cutting ...
bloomberg.com/news/articles/2024-04-05/fed-s-logan-says-much-too-soon-to-think-about-cutting-rates
Stock market today: Investors await more Fed commentary, inflation data: Fed President Austan Goolsbee said he expects the central bank to cut interest rates ...
markets.businessinsider.com/news/stocks/stock-market-today-investors-await-more-fed-commentary-inflation-data-2024-3
Biden said Medicare drug price negotiations cut the deficit by $160B. That’s years away
bostonherald.com/2024/03/26/biden-said-medicare-drug-price-negotiations-cut-the-deficit-by-160b-thats-years-away/
Fed’s Goolsbee Sees Three Rate Cuts This Year as Inflation Cools: Federal Reserve Bank of Chicago President Austan Goolsbee said he is among policymakers ...
bloomberg.com/news/articles/2024-03-25/fed-s-goolsbee-sees-three-rate-cuts-this-year-as-inflation-cools
Chicago Fed President Austan Goolsbee said three rate cuts in 2024 are "in line with my thinking," and that the fundamental story about falling ... Show more finance.yahoo.com/news/3-rate-cuts-in-2024-are-in-line-with-my-thinking-feds-goolsbee-151943448.html
Biden Administration Unveils $6 Billion Plan to Slash Industrial Sector Emissions
techtimes.com/articles/302906/20240325/biden-administration-unveils-6-billion-plan-slash-industrial-sector-emissions.htm
Why the Biden Administration Is Suing Apple and Investigating Big Grocers: John Cassidy writes about a new generation of trustbusters who are trying to use ...
newyorker.com/news/our-columnists/why-the-biden-administration-is-suing-apple-and-investigating-big-grocers
What Experts See In Economic Signals For 2024: Experts assess economic signals for 2024.
kiplinger.com/investing/economy/what-experts-see-economic-signals-2024
Why the 2024 Election Might Turn on Pennsylvania’s Economy: Kevin T. Dugan speaks with Moody’s chief economist, Mark Zandi, about the disconnect between economic ...
nymag.com/intelligencer/article/the-economy-is-roaring-will-it-matter-for-biden.html
Morning Bid: No holiday for US core inflation: A look at the day ahead in European and global markets from Wayne Cole.
reuters.com/world/europe/global-markets-view-europe-2024-03-25/
The thriving US economy of discontent: The country’s growth and strong job market has done little to diminish widespread unhappiness about inflation and high ...
english.elpais.com/economy-and-business/2024-03-24/the-thriving-us-economy-of-discontent.html
Atlanta Fed President Sees 'Some Troubling Things,' Now Calls For Just 1 Rate Cut In 2024
Atlanta Fed's Bostic shifts forecast ... Show more
Jim Jordan Trolled Over Post About Jobs Created in Ohio: Jordan touted job growth in Ohio, some of which the White House attributed to President Joe Biden's ...
newsweek.com/jim-jordan-trolled-over-post-about-jobs-created-ohio-1882710
Williams Signals Fed Still Has Work to Do in Its Inflation Fight: Federal Reserve Bank of New York President John Williams said the central bank has made ...
bloomberg.com/news/articles/2024-04-11/williams-signals-fed-still-has-work-to-do-in-its-inflation-fight
Paid articlePaid Ex-Fed President Bullard Says Three Interest Rate Cuts This Year Is Base Case: Former Federal Reserve Bank of St. Louis President James Bullard said he’s ...
bloomberg.com/news/articles/2024-04-09/bullard-says-three-interest-rate-cuts-this-year-is-base-case
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