Why There's a 'High Bar' for New EV Tax Credits, According to a Biden Economic Adviser
The White House’s top economic adviser defended restrictions placed on the Inflation Reduction Act (IRA)’s key tax credits.
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Is Bitcoin Really a Hedge Against Inflation?
Although Bitcoin (BTC) has failed to cope with widespread global inflation it should still be viewed as an inflation hedge, says Stephen Lubka.
Will Gas Prices Go Under $2.50?
Administration took “unprecedented steps to moderate supply and demand,” such as releasing oil from U.S. Strategic Petroleum Reserve, Granholm said.
Most Americans Expect Inflation to Continue
Prices have eased at pump, Democrats in U.S. Senate have passed Inflation Reduction Act, a piece of legislation that aims moderate high prices.
CNN Host Presses Biden Econ Adviser Over Inflation Reduction Act: ‘Could Have Named’ It Something Else
Bolduan pointed out the Democratic legislation 'would have negligible impact on inflation'.
Roubini Sees Either US Hard Landing or Uncontrolled Inflation
Fed funds rate should be going well above 4% - 4.5%-5% in my view to really push inflation towards 2%”, chairman and CEO of Roubini Macro Assc.
‘Good News for Risky Assets’: Wall Street Reacts to CPI Data
First time since early 2021 that the consumer price index headline reading was lower than expectations. Stock futures soared with Treasuries.
