'Even a major bank's chief economist now admits that corporations are price gouging under the guise of inflation.'
"Companies have passed higher costs on to customers," wrote Paul Donovan of UBS Global Wealth Management."But they have also taken advantage of circumstances to expand profit margins.
"Even a major bank's chief economist now admits that corporations are price gouging under the guise of inflation." Thus far, though, the Powell-led Federal Reserve has primarily used interest rate increases in its as-yet unsuccessful effort to bring down inflation, even as critics warn that such an approach harms workers and risks a devastating recession without tackling the primary drivers of price increases.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
How to make a sweet potato even sweeter: freeze it before bakingStudies show it is always best to bake your sweet potatoes, rather than boil or microwave them, and there is another trick to take the tubers to the next level of deliciousness, says Sam Wong
Weiterlesen »
Astros no-hit Phillies in Game 4, even series at 2 games apieceHISTORY⚾ Four Houston Astros pitchers throw the first combined no-hitter in World Series history. Stay with us on-air for FOX 11 Sports Extra Innings special postgame coverage. MORE:
Weiterlesen »
Ukrainian soldiers are picking up new skills — even from YouTube — to fight RussiaAs the war has changed over the months, Ukrainian soldiers have had to adapt quickly and learn new skills — even if it means figuring out how to fire anti-tank missiles by watching YouTube videos.
Weiterlesen »
SF's Twitter, under Elon Musk, faces even more instabilityIt feels like a lifetime since the Tesla and SpaceX CEO walked into Twitter's San Francisco offices with a sink.
Weiterlesen »
There’s an Affordable Alternative for Selena Gomez’s Favorite 24K Gold Eye Patches & They’re Even Cheaper RN'It's like a magic eraser for your eyes.'
Weiterlesen »
Norway's BEVs Still Growing Well, Even While PHEVs Fall AwayNorway's auto market saw 86.4% plugin electric vehicle share in October, down year on year, from 89.3%.
Weiterlesen »