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.



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The Hill

Washington

District of Columbia

United States

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

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

Ad Fontes Media

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The Washington Post

Jeff Bezos

Analysis | Greedflation in Groceries Hits Wall of Frustrated Shoppers

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…

Nexstar Media Group

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.

National Public Radio, Inc

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

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

MarketWatch

Murdoch family

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

“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 the new inflation as corporate profits balloon: report

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