Inflation is ravaging shoppers' wallets and the Federal Reserve has responded by instituting a regimen of painful interest rate hikes that could land the economy in a recession. But corporate profits are surging. US profit margins have reached record levels not seen since the immediate aftermath of World War II.

Topics:  federal reserve   world war ii   corporate   
BING NEWS:
  • How Corporate ‘Greedflation’ Contributes To Higher Consumer Costs And Job Losses
    The United States Federal Reserve Bank has been hiking interest rates to combat runaway inflation, but there's another force adding to higher prices—corporate greedflation. “Greedflation” is ...
    08/10/2023 - 2:34 am | View Link
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