Fed's Bostic on July rate hike options: 'Everything is in play'
Atlanta Federal Reserve Bank President Raphael Bostic says "everything is in play" when it comes to July rate hike options after 9.1% inflation spike.
Fed's Powell met with lawmakers on Capitol Hill ahead of June inflation report
Republican Sen. John Barrasso said Wednesday that he met with Federal Reserve Chairman Jerome Powell one day before the Labor Department released the June inflation data.
Larry Summers warns inflation unlikely to fall without 'significant economic downturn'
Former Treasury Secretary Larry Summers said Wednesday that the sizzling-hot June inflation report had ramped up the odds of a "significant" economic downturn.
ESG is destructive: Expert
Point Bridge Capital CEO and founder Hal Lambert and Manhattan Institute senior fellow Allison Schrager weigh in on environmental policies and their ties to inflation on 'Making Money.'
Democrats use drama and fear as a ‘weapon of mass distraction’: Expert
1 Empire Group managing director John Burnett reacts to small business optimism being the lowest it has been since January 2013 on ‘Making Money.’
US Oil and Gas Association president: We're looking at a global recession coming
U.S. Oil and Gas Association President Tim Stewart on gas prices dropping amid record-high inflation and oil production in the U.S.
Washington lawmakers don't understand their policies are driving inflation: Economist
Former IMF first deputy managing director Geoffrey Okamoto says the Fed must boost interest rates to signal they're serious about inflation on 'Cavuto: Coast to Coast.'
Democrats’ $1 trillion tax hike will ‘add fuel to the fire’: Sen. Roger Wicker
Sen. Roger Wicker, R-Miss., criticizes Democrats’ proposal to raise taxes for the ‘middle-class’ amid record inflation rates on ‘Cavuto: Coast to Coast.’
Fed trying to thread the inflation needle by raising rates without crushing economy: Expert
Main Street Asset Management CIO Erin Gibbs and Exiger CEO Brandon Daniels discuss how the economy can avoid a 'deep recession' on 'Cavuto: Coast to Coast.'
Inflation could mean record-high Social Security cost-of-living adjustment next year
The Social Security cost-of-living adjustment in 2023 could be the largest increase since 1981, but that's not necessarily good news for retired Americans.
Biden admin hasn't taken any legitimate action to deal with inflation: Sen. Barrasso
Sen. John Barrasso, R-Wyo., on blackout fears in the U.S., record-high inflation as Democrats try to push Build Back Better and his message to Sen. Joe Manchin.
Republicans slam Biden over inflation hitting another 40-year high
President Biden is under fire from Republicans over inflation reaching another record high Wednesday, with the Consumer Price Index reaching 9.1%.
When will Fed pivot and cut interest rates?
Strategic Wealth Partners CEO Mark Tepper discusses when the Fed will ease up on hiking rates and what it will take for the market to hit bottom on 'Varney & Co.'
Bank of America executive explains impact of 'inflation tax'
Vice Chair and Chief Investment Officer of the Pension and Benefits Plan at Bank of America Keith Banks discusses how long inflation will remain an 'issue.'
Biden prediction that inflation hit 'peak' in December coming back to haunt him
Inflation hit a new four-decade high in June, the fastest increase since 1981, six months after President Biden said "it’s the peak of the crisis."
Average American worker has lost $3,400 in annual wages under Biden thanks to inflation
American workers have experienced a whopping $3,400 decrease in annual wages thanks to inflation under President Biden, erasing all money received from pandemic stimulus checks.
Stefanik rallies GOP support around bill to hold Biden admin accountable for 'inflation crisis'
Republicans are introducing a new bill to hold the Biden admin accountable for rising inflation, by requiring inflation impact to be taken into consideration in executive actions.
US economy’s ‘perfect storm’ coming in the near term: Expert economist
Co-founder of Key Advisors Group LLC Eddie Ghabour analyzes the U.S. markets and economy, saying that they have yet to ‘bottom out’ on ‘Varney & Co.'
Stocks tumble after inflation report
FOX Business' Stuart Varney and Susan Li discuss the impact of inflation on stocks as markets open for the day.
Inflation surges 9.1% in June, accelerating more than expected to new 40-year high
Painfully high inflation persisted in June as the consumer price index soared to another 40-year high, adding to a growing list of political problems for the Biden administration.