News
Consumer Sentiment Rebounds From Record Low in June
2+ hour, 6+ min ago (169+ words) State of the Union: The index rose as the Iran War paused last week. The post Consumer Sentiment Rebounds From Record Low in June appeared first on The American Conservative. Consumer sentiment rose in June from a historic low in…...
Wholesale Inflation Reaches Highest Level Since 2022
2+ week, 1+ day ago (171+ words) The American Conservative Wholesale Inflation Reaches Highest Level Since 2022 May's PPI increases significantly topped economists' expectations. Analysts polled by Reuters forecasted an increase of just 0. 7 percent. The surge in prices was driven by increased energy costs, which have risen sharply…...
PCE Inflation Highest Since May 2023
4+ week, 1+ day ago (181+ words) State of the Union: The Fed's preferred inflation measurement has reached its highest year-over-year report in three years. The post PCE Inflation Highest Since May 2023 appeared first on The American Conservative. The Personal Consumption Expenditure (PCE) Index rose 3. 8 percent year-over-year…...
Consumer Sentiment Survey Falls to Record Low
1+ mon, 3+ day ago (201+ words) The University of Michigan's Consumer Sentiment Index fell in May to its lowest level since it began surveying in November 1952. The index fell 10 percent since April, from 49. 8 to 44. 8, with an annual change of -14. 2 percent. Poor consumer sentiment was driven by…...
Kevin Warsh's Challenge
1+ mon, 1+ week ago (436+ words) The new Fed chairman's dilemma: Should he please the president or fight inflation? Yet Warsh in recent weeks has set aside Warsh 1. 0 in favor of Warsh 2. 0, who echoes the president in calling for lower interest rates while still maintaining that…...
U. S. Treasury Rates Highest Since Before Financial Crisis
1+ mon, 1+ week ago (176+ words) The American Conservative U. S. Treasury Rates Highest Since Before Financial Crisis Higher inflation reports pushed U. S. Treasury yields on Friday to rates not seen since the run-up to the 2008 financial crisis. Yields on the 30-year Treasury rose to 5. 13 percent, the highest since…...
U. S. Import Prices Rise Fastest since October 2022
1+ mon, 1+ week ago (193+ words) The Iran War continues to place upward pressure on fuel import prices. The post U. S. Import Prices Rise Fastest since October 2022 appeared first on The American Conservative. U. S. import prices rose by 4. 2 percent year-over-year this April, per the Bureau of Labor Statistics's…...
Producer Price Index Rises to Highest Since December 2022
1+ mon, 1+ week ago (197+ words) State of the Union: This reading is the highest month-over-month producer inflation since March 2022. The post Producer Price Index Rises to Highest Since December 2022 appeared first on The American Conservative. This is the highest since December 2022 under the Biden Administration…...
Inflation Remains High as Iran War Pushes Up Energy Costs
1+ mon, 2+ week ago (98+ words) State of the Union: The Consumer Price Index report for April came in at 3. 8 percent. The post Inflation Remains High as Iran War Pushes Up Energy Costs appeared first on The American Conservative. Inflation Remains High as Iran War Pushes…...
U. S. GDP Growth Rebounds in First Quarter
1+ mon, 3+ week ago (160+ words) State of the Union: GDP is up to 2 percent from 0. 5 percent last quarter, but narrowly missed expectations. The post U. S. GDP Growth Rebounds in First Quarter appeared first on The American Conservative. U. S. GDP grew at a 2 percent annualized rate in the…...