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Economic News

Trump Calls on Congress to Grill 'Dumb, Hardheaded' Fed Chair Powell

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24 June 2025
President Donald Trump, ahead of Federal Reserve Chair Jerome Powell's appearance before Congress on Tuesday, said he hopes that lawmakers work "this very dumb, hardheaded person over."
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US Existing Home Sales Little-Changed in Tepid Market

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23 June 2025
Sales of existing homes in the United States were sluggish in May, according to industry data released Monday, as high mortgage rates weighed on the market.
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Fed's Bowman: Rate Cut Should Be on Table in July

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23 June 2025
Federal Reserve Governor Michelle Bowman Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials as they endure sharp criticism from the White House.
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Fed's Goolsbee: Tariffs' Impact on US Economy Modest

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23 June 2025
Federal Reserve Bank of Chicago President Austan Goolsbee said Monday that thus far the surge in tariffs has had a more modest impact on the economy relative to what was expected.
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'Too Late' Powell Gets It Wrong Again

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23 June 2025
Federal Reserve Chair Jerome Powell has made yet another serious mistake-one in a long series of policy missteps. Despite mounting evidence that interest rates are far too high for current economic conditions, Powell continues to deliver vague commentary about "future...
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Please, No Tears for Companies Hiring Illegal Immigrants

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23 June 2025
America faces a number of problems these days. Overcrowding in schools and emergency rooms, lack of affordable housing, as well as wages held down by competition with illegal immigrants. All these problems will be helped, if not solved, by: Mass deportations.
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More Articles …

  1. Fed Governor Bowman favors July interest rate cut if inflation stays low
  2. Why Trump Struggles in His Trade War With China
  3. Trump Calls for Urgent Release of Increased Oil Supply
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