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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 7 months ago

NY Federal Reserve finds a 'significant share' of companies saying they raised prices on goods not affected by tariffs

fortune.com

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  • cross-posted to:
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  • [email protected]
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NY Federal Reserve finds a 'significant share' of companies saying they raised prices on goods not affected by tariffs

fortune.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 7 months ago
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  • cross-posted to:
  • [email protected]
  • [email protected]
A “cover of uncertainty” as a result of whipsaw tariffs have led businesses to time price increases with an unpredictable tariff environment, economists say.
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  • FloridaBoi [he/him]@hexbear.net
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    7 months ago

    shocked-pikachu

    • jack [he/him, comrade/them]@hexbear.net
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      7 months ago

      shocked-dino

  • hexthismess [he/him, comrade/them]@hexbear.net
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    7 months ago

    pim-charlie-shock

  • frogbellyratbone_ [e/em/eir, any]@hexbear.netBanned
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    7 months ago

    wrote about this back in march. all these corporations know consumers expect prices to go up so they’re going to jack prices up even more in order to profit maximize well beyond the impact tariffs have.

  • shallot [she/her]@hexbear.net
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    7 months ago

    Somehow I’ve only just now noticed that that list is probably in descending order of “how much I hate you” rather than being alphabetical, by percentage, or even by approximate geographical location.

    • InevitableSwing [none/use name]@hexbear.net
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      7 months ago

      “The President of Vietnam said he didn’t want a TRUMP pencil tower. I said it was gold and very, very classy. He still said no. I don’t like him. I don’t like the country. Many, many problems. Very dirty and…”

  • 30_to_50_Feral_PAWGs [she/her]@hexbear.net
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    7 months ago

    surprised-pika-messed-up

  • XxFemboy_Stalin_420_69xX [none/use name]@hexbear.net
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    7 months ago

    shocked-pikachu

  • SpicyLizards@reddthat.com
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    7 months ago

    Fuck I love capitalism

    • SchillMenaker [he/him]@hexbear.net
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      7 months ago

      IFLC

      • SpicyLizards@reddthat.com
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        7 months ago

        Give it a hash tag, and someone would probably wear it

  • GrouchyGrouse [he/him]@hexbear.net
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    7 months ago

    Profit motive go brrr society can kick rocks there’s MONEY TO BE MADE

  • DragonBallZinn [he/him, they/them]@hexbear.net
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    7 months ago

    But porky, you can’t just demand from poors a raise. If they do, they increase the likelihood of unionizing and striking! Therefore it simply good economics you keep taking one for the team over and over again!

    Hey if they keep threatening to raise prices out of protest if minimum wage goes up, I’ll use their arguments against them.

  • nothx [he/him]@hexbear.net
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    7 months ago

    Doy

  • plinky [he/him]@hexbear.net
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    7 months ago

    noiticin’ stuff

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