Federal Reserve Chairman Jerome Powell (R-D.C.) doubled down on the policy of raising interest rates in coming months which may hurt millions of Americans. In an interview Tuesday, the fed chair admitted higher borrowing costs may cause some “pain” to households and businesses.
Senior Chairman of Investment Bank Goldman Sachs, Lloyd Blankfein said a US recession is, in fact, possible and consumers should be ready for it.
Congressman Mike Carey (R-Ohio) commented on how the Biden administration is handling the current energy crisis. One America’s Daniel Baldwin has more in this exclusive interview.
GOP lawmakers are decrying yet another massive spending proposal from the Biden administration. On the Senate floor Monday, Senate Minority Leader Mitch McConnell (R-Ky.) warned Joe Biden’s nearly $6 trillion budget proposal for fiscal year 2023 is just another far left wish list.
The Federal Reserve approved its first interest rate hike in more than three years. One America’s Stephanie Myers spoke with certified financial planner Mitch Kramer, the founder and CEO of Fluent Financial, about the announcement.
According to recent polls, the economy is the number one issue on the minds of voters headed into the midterms. Inflation hit a 40-year high at the beginning of February and a new 40-year high of 7.9 percent this week. To put that number into perspective, economists say typically inflation is around 2 percent.