‘Greedflation’ is a problem for central banks now, with Richmond Fed’s Barkin worried that corporate price hikes are baked into the system

First, there was the “greedflation,” then there was the hangover as companies refused to admit they had raised prices too far. That’s the story coming into view for the world’s central bankers: Nearly four years after the onset of pandemic-induced supply chain snarls, price hikes that exploded…

#thomasbarkin #federalreservebank #richmond #pricinglab #richmondfed #dukeuniversity #federalreserve #kathybostjancic #carrefour #pepsico