Ryan Young

5 days ago | cei.org | Ryan Young

Social Security will go bust in 2033. War with Iran is a real possibility. The Federal Reserve held interest rates steady, as expected. It is still unclear if REINS Act-style reforms will make it into the final reconciliation bill. Agencies issued new regulations ranging from biofuel requirements to horse imports.  On to the data:Agencies issued 43 final regulations last week, after 48 the previous week. That’s the equivalent of a new regulation every three hours and 54 minutes.

1 week ago | cei.org | Ryan Young

The Federal Reserve has decided to keep interest rates steady in its goal to lower overall inflation. While there have been fewer shakeups in the financial sector than previously expected, upcoming deadlines for tariff promises and a dubious economy are keeping the Fed in an awkward position, CEI senior economist Ryan Young says. “As expected, the Federal Reserve is holding interest rates steady.

1 week ago | cei.org | Ryan Young

Israel launched a military strike against Iran. US Senator Alex Padilla was detained for trying to ask a question at a Department of Homeland Security press conference. President Trump kept China tariffs at 55 percent after striking an agreement with Xi Jinping. He also spent $45 million in taxpayer funds on a military parade for his birthday that damaged local roads and disrupted commutes. Agencies issued new regulations ranging from livestock relief to mobile radio spectrum.

2 weeks ago | cei.org | Ryan Young

University of Michigan’s consumer sentiment report showed a rebound in its first reading for June, likely due to slower-growing inflation and a calmer-than-expected month for tariffs in May, CEI senior economist Ryan Young explains. “Consumer sentiment rebounded in June’s first preliminary reading. There was almost nowhere for sentiments to go but up. April and May’s readings were tied for the second-lowest readings ever in the University of Michigan’s survey, going back to 1957.

2 weeks ago | cei.org | Ryan Young

Today, the Consumer Price Index report for May showed inflation increased across all sectors by 0.1 percent, compared to 0.2 percent in April. CEI senior economist Ryan Young says stable Federal Reserve policy and business strategies aimed at protecting consumers from tariff costs contributed to a good inflation report. “Overall CPI growth slowed to a nice-looking 0.1 percent last month, but most of it is due to falling energy prices. Tariffs are still doing visible damage in other sectors.