Inflation

Kevin Warsh used his first press conference as Federal Reserve Chair to pledge a decisive fight against inflation, signaling a policy shift few investors had expected. A broad selloff began with the June’s hawkish dot plot, which signaled the committee’s preference for one rate hike...

Editor’s note: This article was updated to add more details and context. Producer prices accelerated further in May as the Strait of Hormuz energy shock continued to feed through the pricing pipeline, raising fresh concerns over the Federal Reserve’s inflation outlook under new Chair...

Top economist Justin Wolfers has warned of a growing “affordability crisis” as the newly released May CPI report reveals that “real wages” have been falling for six consecutive months, completely eroding worker gains in 2026. Shocks Batter Paychecks According to Wolfers, the...

Former Congresswoman Marjorie Taylor Greene criticized President Donald Trump‘s remark that he “loves inflation,” calling the comment “shocking” and warning that it could hurt Republicans politically ahead of the 2026 midterm elections. Greene made the...

As inflation climbed to its highest level since April 2023, economist Mohamed El-Erian highlighted a frustration familiar to many consumers after paying $7 for an iced beverage that appeared to be mostly ice. The comment arrived as consumers continue to grapple with the lasting effects of inflation...

Gov. Gavin Newsom (D-CA) on Wednesday outlined a series of hikes across multiple goods and services under the President Donald Trump administration since May 2025. Gas Prices, Airline Ticket Fares Up In a post on X, Newsom’s official Press Office handle listed hikes across aviation and energy...

The latest inflation data didn’t quite shock markets, but it reinforced concerns that price pressures remain sticky rather than easing. Headline CPI rose 4.2% year over year in May, matching expectations but marking the first reading above 4% since May 2023. Core CPI came in at 2.9%, also in...

Gov. Jay Robert ‘JB’ Pritzker (D-IL) on Tuesday shared that his administration would not be hiking taxes on gas as the Iran war continues to spark price rises at the pump. Illinois Cuts Inflation On Gas Tax In a post on X, Pritzker shared that the government “eliminated this year'...

A new poll shows President Donald Trump with a low approval rating and higher gas prices could be the reason to blame, similar to other recent polls since the U.S. attacked Iran in February. Trump Approval Rating A new Reuters/Ipsos poll shows Trump with an approval rating of 35%, unchanged from...

The National Economic Council (NEC) Director Kevin Hassett downplayed the growing concerns about the U.S. economy amid rising gas prices and inflation due to the ongoing Iran war, and urged Americans to look at the larger picture. Speaking on ABC's "This Week" on Sunday, Hassett...

Marjorie Taylor Greene slammed the new Federal Reserve Chair, Kevin Warsh, in a social media post on Sunday. The Former Georgia Congresswoman said that placing greater emphasis on “trimmed mean” inflation would downplay the impact of rising food and energy prices on American households...

The President of the Federal Reserve Bank of Kansas City, Jeffrey Schmid, has raised concerns that the ongoing energy shock may not be as short-lived as expected, considering the existing high inflation rates. During a conference in Iceland on Friday, Schmid expressed, “My...

Moody’s Analytics Chief Economist Mark Zandi warned Thursday that the U.S. economy was struggling and said disruptions linked to the US- Israel war on Iran could significantly increase recession risks. “The economy isn't just soft, it's struggling……….The Iran war needs...

Stock market indexes continue to hit record highs in the month of May, continuing a trend of higher stock prices in 2026 compared to past years. While this could represent a strong point for investors, many voters are facing economic pressure with higher gas prices and higher costs of goods...

Fresh inflation data is putting TIPS ETFs back under the microscope, raising a familiar question for investors: Are inflation-protected bond funds headed for another letdown just as inflation fears heat up again? The Federal Reserve's preferred inflation gauge climbed to its highest level in nearly...