Companies keep raising prices. The Fed is trying to get them to reconsider.
Inflation pressures have been so persistent this year in part because businesses have been able to pass along higher prices to consumers.
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# Inflation-Focused Summary Persistent inflation in 2024 stems largely from widespread corporate pricing power, as companies continue raising prices faster than input costs increase, enabling them to pass higher expenses directly to consumers. The Federal Reserve is actively pushing back against this pricing behavior, recognizing that sustained corporate price increases are undermining its efforts to bring inflation back to target levels and may require further interest rate interventions.
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