U.S. Politics in Real TimeJan 19, 2024

Half of recent US inflation due to high corporate profits, report finds

https://www.theguardian.com/business/2024/jan/19/us-inflation-caused-by-corporate-profits

#USInflation #CorporateProfits #EconomicReport #HighProfits #InflationCauses #BusinessNews #Politics #News

Half of recent US inflation due to high corporate profits, report finds

Thinktank report says ‘resounding evidence’ shows companies continue to keep prices high even as their inflationary costs drop

The Guardian
MarkRFeb 24, 2023
#InflationCauses
‘An economic fairytale’: Australia’s inflation being driven by company profits and not wages, analysis finds
https://www.theguardian.com/business/2023/feb/24/an-economic-fairytale-australias-inflation-being-driven-by-company-profits-and-not-wages-analysis-finds?CMP=Share_AndroidApp_Other
‘An economic fairytale’: Australia’s inflation being driven by company profits and not wages, analysis finds

Australia Institute warns of a ‘profit price spiral’ and calls for shift in RBA and government narrative towards corporations

The Guardian