In August 2024, the White House put out a fact sheet touting its accomplishments ... median household incomes…" IT'S BEEN TWO MISERABLE YEARS SINCE THE BIDEN-HARRIS INFLATION REDUCTION ACT. AND IT'S WORSE THAN YOU THINK They declared that, "the Inflation ...
Republicans, who got elected because of economic woes, claim that Democrats talking about inflation now is an “embarrassing display of fake outrage."
National Economic Council Director Kevin Hassett addressed the impact of DOGE dividend checks through cost cuts.
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another potential red flag for the US economic engine: Consumers pulled back their spending by the most in nearly four years.
Business are already feeling the brunt of Trump's tariff plans - they're costs are going up and new orders are suffering. Timothy Fiore, chairman of an ISM survey that tracks U.S. manufacturers, said the consumer price index and producer price index are "most likely going to to go up,
Yet data released Friday by the Commerce Department also showed that Americans cut their spending last month 0.2% in January from the previous month, likely in part because of unseasonably cold weather. Still, the drop may raise alarms about whether Americans are growing more cautious amid widespread uncertainty about the economic outlook.
A key price gauge declined last month, a sign that inflation may be cooling though stiff tariffs threatened by the White House threaten that progress WASHINGTON -- U.S. consumers cut back sharply ...
On the campaign trail, President Donald Trump vowed repeatedly that he’d bring prices down “starting on Day One” if elected. It’s been a month since he took office and he has yet to deliver.
A White House official broke down the possible distribution of DOGE dividend checks, which are part of an ongoing reconciliation process with Congress.
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