⚡ Peaceful from the Federal Reserve: Companies Expect Rising Prices ⚡🔥
* Business leaders are increasingly concerned about the economic consequences of rising prices and trade uncertainty
* As suggested by the President of the Federal Reserve Bank of St. Louis, Alberto Peaceful:
⚡ Summary ⚡
- Business executives are trying to figure out how to manage uncertainty regarding supply chains, inventory, and inflation.
- Companies expect rising input and output prices, and the Federal Reserve is monitoring this closely.
- They do not want short-term inflation expectations to leak into long-term expectations.