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We have been saying for a few weeks that the softness in the April numbers looked like a "blip" and that the economy appeared to rebound in May. The jobs numbers confirm that view, and we expect that will not be lost on Fed officials when they meet next week.
The post Breitbart Business Digest: The Fed Can Take the Rest of the Summer Off appeared first on Breitbart.
As the Federal Reserve prepares for its June Federal Open Market Committee (FOMC) meeting, speculation is rife about its next move.
The post Breitbart Business Digest: The Fed’s High-Wire Act appeared first on Breitbart.
Breitbart News economics editor John Carney said Tuesday on Fox Business Network's "Kudlow" that a few months of weakness was insufficient for the Federal Reserve to cut interest rates.
The post Carney on Kudlow: Fed Hasn’t Seen Enough Weakness to Cut Rates appeared first on Breitbart.
May brought a surprising burst of vitality to the U.S. economy, with robust reports from the Institute for Supply Management (ISM) and S&P Global.
The post Breitbart Business Digest: April’s Showers Bring May Flowers appeared first on Breitbart.
Those looking at the Job Openings and Labor Turnover Survey (JOLT) and seeing it as a roadmap to a July rate cut have taken a wrong turn.
The post Breitbart Business Digest: Consumer Strength Powers Growth Despite Soft Job Openings appeared first on Breitbart.
Monday on FBN's "The Bottom Line," House Oversight Committee chairman Rep. James Comer (R-KY) reacted to former Biden chief medical advisor Anthony Fauci's testimony before a congressional subcommittee earlier in the day.
The post ‘We Need Term Limits, Not Just for Congress, But for Bureaucrats’: Comer Says Fauci ‘Won’t Take Responsibility for Anything’ appeared first on Breitbart.
Our view that the Fed would not cut rates this year has gone mainstream.
The post Breitbart Business Digest: ‘No Cuts’ Goes Mainstream appeared first on Breitbart.
The Fed meeting minutes released on May 22 mentioned "various officials" worrying that rates might not be as restrictive as thought.
The post Breitbart Business Digest: Is the Fed’s Monetary Policy Still Too Loose? appeared first on Breitbart.
The National Rifle Association's big victory at the Supreme Court on Thursday puts a target on climate change regulations that have put fossil fuel companies under fire.
The post Breitbart Business Digest: How a Gun Rights Victory Benefits Fossil Fuels appeared first on Breitbart.
It is becoming clearer with each passing day that there will be no interest rate cuts in the immediate future—and maybe not even in the distant future.
The post Breitbart Business Digest: High Rates Here to Stay – Sorry, Biden! appeared first on Breitbart.
The Conference Board's monthly measure of consumer confidence is another piece of evidence suggesting that the economy accelerated in May.
The post Breitbart Business Digest: Inflationary Growth Is Blooming Again appeared first on Breitbart.
While Wall Street has finally come around to the view that interest rates are likely to stay higher for longer, it may still be underestimating just how high and how long.
The post Breitbart Business Digest: Rates Will Stay Higher for Longer appeared first on Breitbart.
Thursday, during an appearance on FBN's "Mornings with Maria," Sen. Tommy Tuberville (R-AL) reacted to a Fox News report that suspects in a breach at Quantico in Virginia came across the U.S.-Mexico border.
The post Tuberville: Democrats ‘Know Now that They’re in Trouble at the Ballot Box’ appeared first on Breitbart.
Wednesday, during an appearance on Fox Business Network's "The Evening Edit," Sen. Marsha Blackburn (R-TN) blasted the Biden administration for sending mixed messages about its allegiance to Israel.
The post Blackburn: ‘Our Allies Do Not Know if They Can Depend on Us and Our Enemies No Longer Fear Us’ appeared first on Breitbart.
There’s a palpable tension in the air as Wall Street is confronted with the once unthinkable: interest rates may not be at their peak.
The post Breitbart Business Digest: What Goes Up—Might Just Keep Going Up appeared first on Breitbart.
If Donald Trump’s social media venture is going to vindicate the faith of investors who have given it a six billion dollar market value, it must learn a critical lesson from the tech titans of the past: substantial early losses can be a harbinger of long-term success.
The post Breitbart Business Digest: Trump Media Should Lose More Money appeared first on Breitbart.
Breitbart News economics editor John Carney said Tuesday on Fox Business Network's "Kudlow" that it was incorrect for President Joe Biden to blame corporate greed for inflation.
The post Carney on Kudlow: ‘They Can’t Say It with a Straight Face’ — Biden Blames Corporate Greed for Inflation But It’s Just Not True appeared first on Breitbart.
You can add the collapse of the U.S. consumer to the list of things that nearly everyone has been expecting but shows no signs of actually occurring.
The post Breitbart Business Digest: We’re Still in a No Landing Economy appeared first on Breitbart.
American progressives are in a state of high dudgeon, gnashing their teeth at the realization that the American people favor Donald Trump's economy over Joe Biden's.
The post Breitbart Business Digest: The Real Reason Americans Prefer Trump’s Economy to Biden’s appeared first on Breitbart.
Jerome Powell might want to look away from the stock market. It's making a mockery of the idea that financial conditions are sufficiently restrictive.
The post Breitbart Business Digest: Dow 40,000 appeared first on Breitbart.
One month's worth of data does not make a trend—unless it fits the consensus narrative that the Fed is going to cut interest rates a few times this year.
The post Breitbart Business Digest: Fed Is Still Not Cutting in September appeared first on Breitbart.
Jerome Powell still stubbornly resists the idea that the Fed's next move may be a hike rather than a cut.
The post Breitbart Business Digest: Powell Still Won’t Admit Rate Hikes Might Be Coming appeared first on Breitbart.
Tuesday on Fox Business Network's "Mornings with Maria," Sen. Roger Marshall (R-KS) lamented the Biden administration's handling of the U.S. economy.
The post Marshall: ‘November Can’t Get Here Soon Enough’ appeared first on Breitbart.
Mothers are back to work in droves in Biden's inflated economy after the government shuttered businesses and closed schools during the pandemic.
The post U.S. Department of Labor: More Mothers Working Than Before Pandemic appeared first on Breitbart.
Joe Biden is not a general, but he suffers from the generals' curse of always fighting the last war.
The post Breitbart Business Digest: Biden Is Fighting 2009’s Economy in 2024 appeared first on Breitbart.
There's really no mystery why so many people are unhappy with the Biden economy.
The post Breitbart Business Digest: One Chart Shows Why So Many People Hate the Biden Economy appeared first on Breitbart.
The specter of inflation haunts the corridors of the West Wing, and the Biden administration's every attempt to exorcise the poltergeist of rising prices only deepens the grip of its possession.
The post Breitbart Business Digest: Inflation Tightens Its Grip on Biden’s Re-Election Prospects appeared first on Breitbart.
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