‘Greedflation’ is the new inflation as corporate profits balloon: report

Analysis | Greedflation in Groceries Hits Wall of Frustrated Shoppers

After two years of rising food prices consumers are fed up and showing it.

Is greedflation really the villain? : The Indicator from Planet Money

Who's to blame for current inflation? It's one of the spiciest debates these days, with many fingers pointed at one villain: corporations. Today on the show, an economist who looked for evidence on whether or not greedflation is the answer.

‘Greedflation’ is the new inflation as corporate profits balloon: report

Some of the largest general consumer S&P 500 companies are raising prices to boost their own profits even as the Fed raised interest rates to control inflation, according to a new watchdog report. “Higher interest rates haven’t stopped S&P companies, especially in the big food industry, from inflating consumer prices despite reporting billions in extra…

America’s latest inflation wave is all about corporations ‘using excuses’ and ‘cover’ to increase profits, says top UBS economist

“We’re seeing this expansion of margin under the cover of, ‘Oh, it’s a general inflation problem, we can’t help it.’”

‘Greedflation’ is replacing inflation as companies raise prices for bigger profits, report finds

Many S&P 500 food and consumer-goods companies are still raising prices, making it harder for the Federal Reserve to tame high inflation.

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