
We’ve seen this playbook before: Cut rates when it benefits Democrats before an election. Stall when a Republican candidate surges in the polls. That’s not monetary policy; it’s political manipulation.

The housing market is changing quickly and realtors in Alabama are seeing a difference.

On Tuesday the Commerce Department reported that retail and food service spending posted a 0.3% decline in May. Retail sales turned negative in May as consumers pulled back spending while inflation surged. Republican leaders have been critical of President Biden's economic policies, which they claim exacerbated the inflation especially soaring fuel prices.