America may be just about done with Joe Biden, but the malevolent economic legacy of his presidency is not done with us.

The post Breitbart Business Digest: Bidenflation’s Ghost Will Keep Haunting the American Economy appeared first on Breitbart.

During an interview with Bloomberg aired on Thursday’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein stated that “strong demand” did help cause inflation and he accepts that the upward pressure on prices from COVID stimulus

The post White House: Demand Helped Cause Inflation, But Price Pressure from Stimulus Was Worth Growth appeared first on Breitbart.

During an interview with Bloomberg aired on Thursday’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein acknowledged that there wasn’t an inflation spike caused by tariffs in the first Trump administration, but argued that things in 2025

The post White House: We Didn’t Get Inflation Spike with First Trump Tariffs, But ’25 Different from ’17 appeared first on Breitbart.

During an interview with MSNBC aired on Thursday’s broadcast of “The Last Word,” President Joe Biden stated that he decided to proceed with massive stimulus spending despite warnings that it would create inflation by people like Harvard Professor Larry Summers

The post Biden: I Ignored Summers’ Inflation Warnings ‘to Instill Some Confidence’ in People, Deal with COVID appeared first on Breitbart.

U.S. consumer prices climbed at a faster rate in December, capping off the inflation-plagued Biden administration’s final year and suggesting that the Federal Reserve’s efforts to bring down inflation may have run out of steam. The Consumer Price Index increased

The post Biden’s Parting Gift: Inflation Accelerated In December appeared first on Breitbart.