Showing posts with label energy prices. Show all posts
Showing posts with label energy prices. Show all posts

Thursday, October 29, 2026

WATCH: Warsh holds briefing after Fed leaves key interest rate unchanged | PBS News

The Fed's decision comes just six days before a midterm election that has focused heavily on concerns around the cost of living and affordability. Consumers have generally soured on an economy weighed down by more expensive gas, groceries, and clothing, among other items. Yet Warsh faces plenty of challenges in getting inflation back to target. Some of the forces pushing up prices — specifically the rapid buildout of artificial intelligence infrastructure and higher energy prices — won't easily be tamed by higher interest rates. 

Two Fed officials dissented from Wednesday's decision, with Fed governor Lisa Cook and Federal Reserve Bank of Cleveland President Beth Hammack voting in favor of hiking rates by a quarter point. This is Cook's first dissent since she was appointed to the board by President Joe Biden in 2022…

 https://www.pbs.org/newshour/economy/watch-live-fed-chair-warsh-holds-briefing-after-latest-interest-rate-decision

Saturday, April 18, 2026

GOP senators urge Trump to find Iran exit plan as energy prices rise: ‘The clock is ticking’ - POLITICO

Even senior Republicans are warning that if the administration wants Congress to greenlight tens of billions in additional war funding, Republicans are going to need to know more about the president’s ultimate Iran strategy beforehand…

 https://www.politico.com/news/2026/04/17/republicans-trump-war-energy-prices-00879104


Friday, March 20, 2026

Average U.S. long-term mortgage rate rises to 6.22%, highest in more than 3 months | PBS News

Only three weeks ago, the average rate had dropped to just under 6% for the first time since late 2022, but it has risen every week since the war with Iran started, rattling financial markets and stoking worries about higher inflation due to a spike in energy prices...

https://www.pbs.org/newshour/economy/average-u-s-long-term-mortgage-rate-rises-to-6-22-highest-in-more-than-3-months 


 

Friday, March 11, 2022

Ex-Obama Adviser Robert Wolf Fact-Checks Fox Anchor Sandra Smith on Keystone XL

"And with respect to President Trump," continued Wolf, who was appearing along with former Trump administration economic adviser Stephen Moore. "As Stephen will tell you, only ten percent of it was even done under his four years. So it's not about XL. It's about how do we become energy independent, and I've always been supportive of the all-in energy approach for actually ten years now."…


Friday, November 12, 2021

The Main Driver of Inflation Is a Murderous Maniac in Riyadh

SAUDI CROWN PRINCE Mohammed bin Salman is enacting revenge on Democrats in general and President Joe Biden specifically for the party's increasingly standoffish attitude toward the kingdom — by driving up energy prices and fueling global inflation…









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