Inflation is going to pack a one-two punch for voters and consumers ahead of the midterm elections. The first is inflation itself, …

What?“We have to move away from the low-cost model of food production,” one member of the Dutch Parliament explained.

By: The Editorial Board – wsj.com – September 21, 2022 The Federal Open Market Committee raised its target fed-funds rate another 75 basis points to between 3% and 3.25%. That’s the third 75-point hike in a row. More significant is the forward guidance in its median economic projections that rates could rise another 125 basis points this year and higher...

By: By Andrew T. Levin and Mickey D. Levy – wsj.com – September 19, 2022 Over the past year, the Fed has approached interest-rate adjustments on a meeting-by-meeting basis, focusing on minor differences about what it might do next. Meanwhile, prices continue to rise. The economy now faces a serious risk of persistent high inflation. To avert such disaster, the...

By: Charles C. W. Cooke – nationalreview.com – September 13, 2022 On the cardinal matter of inflation, Joe Biden is lost, and does not want to be found; he is blind, but does not want to see. Asked on last night’s 60 Minuteswhat he had to offer in response to the news that “last Tuesday, the annual inflation rate came...

By: Jim Geraghty – nationalreview.com – September 14, 2022 I had my doubts that having Secretary of Transportation Pete Buttigieg in the office back in October 2021 would have made much of a difference in the supply-chain crisis that bedeviled the country in the fall and winter. I contended that the more uncomfortable fact for the administration was that Buttigieg...

Fed Chairman Jerome Powell warned that he expects the central bank to continue raising rates in a way that will cause “some pain” to the economy.

Too many media pundits have moved the goal posts in judging how the Biden administration is performing on the economy.

You may recall the 1973-74 Arab oil embargo, and not favorably.  

Democratic U.S. Senator Kyrsten Sinema said on Thursday she agreed to “move forward” on a $430 billion drug pricing, energy and tax bill.