Breitbart Business Digest: Bidenomics Is on a Collision Course with the Federal Reserve

“I always say it is a mistake to bet against the American people, and just today we learned the economy grew 4.9 percent in the third quarter,”in an official statement from the White House. “I never believed we would need a recession to bring inflation down – and today we saw again that the American economy continues to grow even as inflation has come down.”

who saw inflation as almost entirely due to supply constraints and therefore likely to subside on its own as the economy re-acclimated to the post-pandemic era. Closely related were the, who saw the economy largely able to bring down inflation without too much restriction from the Fed and therefore without any significant negative economic consequences.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Breitbart Business Digest: The Economy Beat the Economists This YearSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Business Highlights: US consumers are still spending; Musk's Twitter takeover, 1 year laterBusiness Highlights: A summary of the day’s top stories in the business world.
Source: AP - 🏆 728. / 51 Read more »

Business Highlights: GM and Stellantis in talks with the UAW; US growth accelerated last quarterBusiness Highlights: A summary of the day’s top stories in the business world.
Source: AP - 🏆 728. / 51 Read more »

The Snow Business Won’t Become the No BusinessA warming planet is reducing snowfall and taking a toll on snow-dependent communities. The business of snow isn’t going away—but it is becoming more volatile.
Source: WSJ - 🏆 98. / 63 Read more »