The Fed Is Split Because Inflation Is Political

Inflation Is Real, And Your Cash Is Trash

Inflation Is Real, And Your Cash Is Trash

Opinion | Inflation Is Now Spreading Through the US Economy

D. Brian Blank and Brandy Hadley write that inflation is no longer contained to just gas prices. The post Opinion | Inflation Is Now Spreading Through the US Economy appeared first on Mississippi Free Press.

Tucker Carlson: Iran War Is The END Of Trump And MAGA

Tucker Carlson is warning that the Iran war could mark the end of MAGA as a political movement, even as Senate Republicans quietly walk back a rebuke of Donald Trump’s handling of the conflict. Meanwhile, a proposed Turkish arms sale is setting up a showdown between Trump and Congress, while a pro-Israel commentator sparked outrage by claiming Holocaust survivor Gabor Maté is not a “real” survivor because he was an infant during the Nazi occupation of Hungary. Elsewhere, James Carville is melting down over progressive victories in Democratic primaries, declaring he is “done” with the party, while new economic data shows core inflation rose to 3.4% in May—the highest level since October 2023 and above the Federal Reserve’s target. SUBSCRIBE today ☞ https://go.tyt.com/subscribetoday Become a Member to Support Our Work: https://go.tyt.com/membership

Fed report cites ’stepped-up’ inflation due to tariffs, Iran war, AI buildout

Fed report cites ’stepped-up’ inflation due to tariffs, Iran war, AI buildout

Oil prices march upward again as the U.S-Iran conflict intensifies—and it’s yet another headache for Warsh and the Fed

Escalating tensions between the U.S. and Iran have knock-on effects for inflation expectations and as a result, the trajectory of the base rate, notes Goldman Sachs.

New inflation data points to looming interest rate hike | 9 News Australia

Inflation has slowed, giving the government some relief, but the underlying numbers tell a tougher story, with core inflation still rising. Persistently high construction and food costs could push the RBA toward another rate hike, adding more mortgage pain for families.| *Subscribe and 🔔: http://9Soci.al/KM6e50GjSK9* *Get more breaking news at 9News.com.au: http://9Soci.al/iyCO50GjSK6* FOLLOW 9News Australia ► Facebook: https://www.facebook.com/9News/ ► Twitter: https://twitter.com/9NewsAUS ► Instagram: https://www.instagram.com/9news/ Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world. #9News #BreakingNews #NineNewsAustralia #9NewsAU

Fed’s Kashkari Says ‘Cooled’ US Labor Market Not Driving Inflation

Fed’s Kashkari Says ‘Cooled’ US Labor Market Not Driving Inflation Federal Reserve Bank of Minneapolis President Neel Kashkari said inflation is being driven by supply dynamics and not the US labor market. He spoke Friday at the Aspen Ideas Festival in Aspen, Colorado. (Source: Bloomberg)

‘Real story behind the figures’: Jim Chalmers smiling after headline inflation eases

Sky News host Jaimee Rogers discusses the inflation fight, as headline inflation eases but underlying pressures persist. “Jim Chalmers got the headline he wanted today. The Reserve Bank got the number it feared. That's the real story behind Australia's latest inflation figures.” Ms Rogers said. “While the headline inflation fell to 4 per cent, thanks in part to the government's temporary fuel excise cut. The RBA's preferred measure of underlying inflation moved in the opposite direction, going from 3.4 to 3.6 per cent.” “Jim Chalmers might be smiling tonight. But if underlying inflation keeps rising, Australian mortgage holders won't be.”

The two deep failures of modern liberalism | Fareed’s Take

In Britain, the man widely expected to replace the stately Keir Starmer as prime minister is Andy Burnham, who touts “business-friendly socialism” as his credo. In New York, Democratic primary elections produced striking victories for democratic socialists, suggesting that the insurgent left has found a way to turn protest into power. Fareed Zakaria argues that liberalism is losing energy, confidence and connection to the people it claims to represent and it needs to regain that radical spirit to remain a relevant political force. Also, writer David Brooks talks with Fareed on how America has gotten so divided and whether it can be brought back from the brink. 0:00 Socialist gains in recent elections 3:05 Fareed: Why liberals should love markets 6:20 How America got so divided 7:59 Can America come back from the brink? Watch 24/7 live news with CNN Headlines: https://bit.ly/4eIvlTr #News #politics

They Do Have A Legislative Record

And it’s a disaster One year after President Donald Trump signed the law he dubbed the “One Big Beautiful Bill” on the South Lawn of the White House, it has begun reshaping the country — altering who gets help from the government and who goes without. The most consequential legislation of Trump’s second term reaches into nearly every corner of American life. It supercharges immigration enforcement, pouring billions into border security and deportations. It rewrites student loan rules. It dismantles tax incentives for electric vehicles and clean energy. It creates a national school-voucher tax credit. And at its core is a seismic shift: extending roughly 4.5 trillion in tax cuts disproportionately benefiting corporations and the wealthy over 10 years while cutting about 1.1 trillion from healthcare and food assistance programs serving poor and working-class people. It ultimately adds a projected 4.7 trillion to the national debt over the next decade. I’m so tired of winning but he just keeps forcing us. Luckily he insisted on that fatuous name so no one will ever forget whose work it was — along with the sycophants, toadies and henchmen who made it happen.

Top Three Videos – June 28, 2026

Politics as Power: Elites, Inflation, and the Austrian Answer...Jay Martin: The Dollar’s Replacement Won’t Be China...Chris Vermeulen: Why This Gold Pullback Could Create a HUGE Opportunity...

Right-Wing Populism Did Not Kill Neoliberalism

Neoliberalism’s defining feature was always the insulation of capital from democratic control. Trumpism’s break with free trade has changed the rhetoric. But the underlying economic order remains intact.

$1trn economy: FG targets stronger development finance, private capital

By Progress Godfrey The Federal Government has called for stronger development finance and greater private capital mobilisation to support its 1 trillion economy ambition, stressing that public funds alone cannot finance the country’s plan. Speaking at the Bank of Industry (BoI) Development Partners’ Roundtable and presentation of the 2025 Annual Development Impact Report (ADIR) in Abuja, [] The post 1trn economy: FG targets stronger development finance, private capital appeared first on Vanguard News.

Falling Oil Prices Ease Global Inflation Risks Despite Strong US Dollar

The recent surge in the U.S. dollar would normally raise concerns about imported inflation around the world, particularly for countries that rely heavily on energy and commodity imports. However, a sharp decline in oil and natural gas prices following the U.S. Iran interim peace agreement is helping offset those pressures. As energy shipments through the [] The post Falling Oil Prices Ease Global Inflation Risks Despite Strong US Dollar appeared first on Modern Diplomacy.

Inflation spiked to 3.2% in May amid higher gas prices, says StatCan

Higher oil and gasoline prices pushed overall inflation in May to 3.2 per cent compared to a year ago, according to Statistics Canada.

Qui a peur du contrôle des prix ?

Depuis quelques années, l'inflation a fait son retour, alimentée par une succession de crises : pandémie, guerre en Ukraine, fermeture du détroit d'Ormuz. Face à la flambée des prix, la « science économique » explique que les embrasements répondent aux lois du marché — lequel ne se trompe () / Spéculation, Néolibéralisme, Crise économique, Économie

The Moniker Millionaire, Billionaire, and Trillionaire are just a Reflection of Inflation

The Moniker Millionaire, Billionaire, and Trillionaire are just a Reflection of Inflation

Inflation eases to 6.4% in June 2026 as fuel, food prices cool

Though lower domestic oil prices and cheaper major food items have pushed inflation down, it remains well above the government’s target range of 2 to 4

Editorial: Stubborn inflation feeds fear of more rates pain to come

Inflation numbers sit at the very heart of so much of our lives, and the latest figures brought little comfort.

Key measure of inflation climbed in May as surging oil prices pushed costs higher

Inflation is rising — but U.S. consumers seem to be shrugging it off. A key measure of price growth accelerated in May as surging oil prices pushed costs higher

Fed Chair Kevin Warsh Just Subtly Threw President Donald Trump and Jerome Powell Under the Bus in His First FOMC Meeting

Inflation remains elevated, and the new Fed chair aims to change that.

IMF sees world economy growing just 3% this year amid Iran war

The International Monetary Fund on Wednesday modestly downgraded its outlook for the world economy this year, citing the energy shock caused by the Iran war. But the fallout from the conflict is being partially offset by booming investment in artificial intelligence and other technologies. The IMF now expects the global economy to expand by a sluggish 3 per cent in 2026, down from 3.5 per cent last year and from the 3.1 per cent it had forecast for this year back in April. The fund expects...

Normative shift in fiscal federalism

Fiscal issues. 16th Finance Commission’s stress on States’ contribution to national GDP could widen inter-State disparities

Trump's Brain Is Stuck On The Word Affordability

During a presser at NATO this morning, Donald Trump repeatedly claimed the word affordability was a hoax, a phony word and that there is no inflation because Democrats made it up. Trump is obsessed with the word and with eggs. Under the Democrats, we had tremendous inflation, record-setting inflation, Trump said. And now inflation is way down. Everything is great. Via Google: U.S. inflation increased to an annual rate of 4.2 in May, up from 3.8 in April, largely driven by a sharp rise in energy prices. Core inflation, which excludes volatile food and energy costs, sits at 2.9 year-over-year, remaining above the Federal Reserve's 2 target. TRUMP: It's affordability. And they came up with the word affordability. I take over. I'm there for one day. And they say affordability, affordability. On Trump's first day the economy was doing fine after Pres. Biden left, and energy costs were much lower. The word affordability started to become a real thing after Trump began levying illegal tariffs against our foreign trade partners. TRUMP: And right now eggs are way down. The prices are way down and they're coming down further. So they made up a phony word that they used. They said affordability. They're the ones that cause the affordability prices. I didn't. read more

TERRAZZANO, SIMS: Governments should scrap carbon taxes and red tape instead of borrowing billions for pipelines

Government has caused this problem by standing in the way, now the government is going to blow taxpayers money on the problem while the government is still standing in the way.

Bloomberg global index entry in sight for Indian G-Secs

Indian government bonds are on the cusp of inclusion in Bloomberg's Global Aggregate Index, with a decision anticipated mid-July. Tax exemptions and recent policy reforms have fueled market optimism, driving a bond rally. Foreign investors have already poured record sums into Indian debt, anticipating this significant development. While a deferral could cause yields to rise, most experts foresee a positive outcome, potentially attracting billions in passive inflows.

Fed's favored inflation gauge accelerated in May amid energy price shock

The Commerce Department PCE inflation report for May showed the Federal Reserve's favored inflation gauge rose higher amid the energy price shock caused by the Iran war.