Study: Greedflation Accounts for 53 Cents out of Every Dollar of Inflation Over Past 6 Months
Corporate greed and increased CEO pay have contributed to higher-than-necessary costs for American consumers and are a significant cause of inflation.
Since the start of the pandemic, corporate greed and profits accounted for close to one-third of all inflation, resulting in a phenomenon known as 'greedflation.'
Eggs, milk and other grocery prices fall as overall inflation eases
In April, grocery prices declined, easing inflation concerns with a smaller annual increase of 3.4%. Fed may consider interest rate cuts if inflation continues to moderate.
Study: Greedflation Accounts for 53 Cents out of Every Dollar of Inflation Over Past 6 Months
Corporate greed and increased CEO pay have contributed to higher-than-necessary costs for American consumers and are a significant cause of inflation.
Since the start of the pandemic, corporate greed and profits accounted for close to one-third of all inflation, resulting in a phenomenon known as 'greedflation.'
Eggs, milk and other grocery prices fall as overall inflation eases
In April, grocery prices declined, easing inflation concerns with a smaller annual increase of 3.4%. Fed may consider interest rate cuts if inflation continues to moderate.