Anna Moneymaker/Getty Images Federal Reserve officials voted to leave the central bankâs benchmark interest rate unchanged, saying that it expects tighter financial conditions will weigh on economic activity, hiring, and inflation. The Fed said on Wednesday that it would hold its benchmark rate at a range of 5.25 percent to 5.50 percent, the range it
Harvard Prof., Fmr. IMF Economist Rogoff: Bank Issues Not Fixed ‘at All’ and Things Will ‘Break’ Due to High Inflation, Slow China Growth
April 4, 2023 by
On Thursdayâs broadcast of CNBCâs âSquawk Box,â Harvard University Economics Professor and former International Monetary Fund Chief Economist Ken Rogoff argued that the issues around banks have not been fixed âat allâ because in a world with higher inflation and interest rates and poor growth in China, âweâre in a situation where things are going
Club for Growth: Mitch McConnell Failed to Make Election a Referendum on Biden Agenda, Democrats
November 12, 2022 by
Club for Growth President David McIntosh said during a press conference on Wednesday that Senate Minority Leader Mitch McConnell (R-KY) failed to make the November midterms an indictment of President Joe Biden and Senate Democrats. One reporter asked McIntosh what McConnellâs standing will be now that it remains unclear if Senate Republicans will take back
Woke Lancet Touts ‘Redistribution’ over Economic Growth
November 4, 2022 by
The progressive Lancet medical journal chides UK Prime Minister Liz Truss for favoring economic growth over redistribution and energy independence over green ideology. Ever political, the Lancet editors take Truss to task in their latest issue for refusing to look at the economy âthrough the lens of redistribution.â They go on to assert that ârejecting
Biden: Former Military, Police Fueling ‘Growth of White Supremacy’ Groups
February 18, 2021 by
President Joe Biden said during a CNN town hall on Tuesday that former military and former police officers were fueling the âgrowth of white supremacy.â Biden said, âIÂ got involved in politics, to begin with because of civil rights and opposition to white supremacist, the Ku Klux Klan and the most dangerous people on America continue…
U.S. Economic Growth Unrevised At 4.2% In Second Quarter.
September 28, 2018 by
(RTTNews) – A report released by the Commerce Department on Thursday showed the pace of U.S. economic growth in the second quarter was unrevised from the previous estimate. The report said gross domestic product increased at an annual rate of 4.2 percent in the second quarter, unchanged from the estimate released last month. The unrevised […]
Media continue attacking Trump despite his week of accomplishments and strong economic growth.
July 30, 2018 by
If Ronald Reagan was the âTeflon president,â Donald Trump must be the Incredible Hulk president. The more the left and the media attack him, the stronger he gets. 1. This past week was a great example. It began with CNN worrying that fears of Russian collusion had seeped into the âbloodstreamâ of American politics after […]
FLASHBACK: Democrats and Liberal Elites Said Trump âWas Dreamingâ If He Thinks He Can Get More than 3.0% GDP Growth.
July 27, 2018 by
Democrat elites said President Trumpâs policies would throw the US into recession. They said a 4.0% GDP rate was impossible. It was a thing of the past. Hillary Clinton: âTrumpâs policies would throw us into a recession, the last thing we need.â Barack Obama: âWhat magic wand do you have? And usually, the answer is […]
Eat It, Liberals: Trump Economy’s Second Quarter Growth Projected To Hit 4.1 Percent
July 6, 2018 by
If Donald Trump wins the election, the stock market will collapse. He doesnât have an agenda that can create jobs. You all heard the doomsday talk. In the end, three million jobs have been created since Trump was elected. The Dow Jones broke 26,000, and had a 5,000-point surgelast yearâthe largest annual gain ever. All […]
Job Growth for Foreign Workers Growing Twice as Fast as for Native Born Americans.
June 2, 2018 by
Job growth for foreign born workers is growing more than twice as fast as it is for native born American citizens, newly released labor data reveals. According to the May 2018 Jobs Report, employment for foreign born workers grew three percent over the last year. In the same time period, employment for native born Americans […]
Trump Effect Goes International: IMF Says Global Economic Growth To Spike Thanks To Trump Tax Bill.
January 23, 2018 by
The Trump effect has gone international. The recent tax reform package has yielded immense dividends to the American economy and millions of working and middle class families. Over 150 companies have issued bonuses, increased employee investments, and announced they would boost philanthropic giving. Over two million workers have received bonuses thanks to Trumpâs tax bill. […]
MERRY ECONOMY TO ONE AND ALL: New York Fed Nowcast Up To 4.0% Growth For Fourth Quarter.
December 19, 2017 by
Thereâs more good news on the economy under President Trump, and it comes from the Federal Reserve Bank of New York. On Friday, the Federal Reserve Bank of New York reported that the New York Fed Staff Nowcast stood at 4.0% for the fourth quarter of 2017, the highest level since the Nowcast was created […]
GREAT AGAIN: USA Growth Forecasts on Rise…
November 20, 2017 by
U.S. Growth Forecasts Are on the Rise Donât look now, but U.S. growth forecasts are moving higher. Thatâs helping to support U.S. stocks. Projections for U.S. economic growth from two Federal Reserve banks have risen in recent weeks. The Federal Reserve Bank of New York on Friday forecast that gross domestic product will rise 3.8% […]
Trump Hits 3 Percent Economic Growth – But It’s Not Covered By ABC, CBS, NBC.
September 1, 2017 by
The U.S. government estimated that the economy grew at an annual rate of 3 percent last quarter, but you wouldnât know if you watched ABC, CBS, or NBCâs evening programs. The 3 percent figure was much higher than the 2.7 percent rate expected, and was the first time the GDP growth rate hit 3 percent […]
Itâs Official: Obama Presidency Had Worst Economic Growth in Modern Era â 4th Worst in History!
April 2, 2017 by
Jonathon M. Trugman at the New York Post reported this week that the final numbers for the Obama Administration are in and they are abysmal: On Thursday we closed the book on the Obama economic âmiracleâ â and itâs a miracle we are not in a recession. Last week the Commerce Department released its third revision […]
Trumpâs Message of Hope, Growth and Glory
August 9, 2016 by
Republican nominee Donald Trump delivered a message of hope to Americans on the campaign trail yesterday in a major economic policy speech that ought to finally make Hillary Clintonâs campaign management team break out in a cold sweat. Trump is no Ronald Reagan but some of the Gipperâs legendary optimism oozed out of the candidate […]
Bad Economic Growth Could Be Good News For Trump
August 1, 2016 by
With US economic predictions last Friday reporting sluggish and historically low growth, it could have some interesting implications for the ongoing presidential election. In a race featuring two drastically different economic platforms, the reported 1.2 percent growth rate in GDP this past week may pose some interesting questions for the two candidates. The economy and […]
SIMPLY THE WORST=> Obama is First President Ever to Not See Single Year of 3% GDP Growth
April 28, 2016 by
The rate of real economic growth is the single greatest determinate of both Americaâs strength as a nation and the well-being of the American people. On Thursday the Commerce Department announced that the US economy expanded at the slowest pace in two years. GDP growth rose at an anemic 0.5% rate after a paltry 1.4% […]
Ted Cruzâs full appearance on CNBCâs Squawk Box – Economic Policy and Job Growth
April 18, 2016 by
I know this is 46 minutes long, but youâve got to watch at least part of it. Itâs absolutely fantastic! Youâll walk away from this seeing that Ted Cruz completely understands economic policy and job growth in ways that Donald Trump never will. In fact, there is no way in hades that Donald Trump could […]
Chinese Economy Facing Collapse: New Report Indicates up to One-Half GDP Growth Rooted in Theft and Fraud
August 24, 2015 by
FRIDAY HARBOR, WA–(Marketwired – August 18, 2015) – A study just completed by the INVNT/IP Global Consortium suggests that China is experiencing a serious episode of domestic economic collapse, with up to 50% of GDP growth rates reported over the last three decades derived directly from the theft of intellectual property and fraudulent practices around […]
IMF lowers global growth forecasts, cites U.S. weakness
July 9, 2015 by
The International Monetary Fund (IMF) logo is seen at the IMF headquarters building during the 2013 Spring Meeting of the International Monetary Fund and World Bank in Washington, April 18, 2013. The International Monetary Fund on Thursday trimmed its forecast for global economic growth for this year to take into account the impact of recent […]