The Richmond Fed business survey asked firms about their pricing strategies and found that firms have adjusted prices more ...
In September's Federal Open Market Committee (FOMC) meeting, Fed policymakers once again released their Summary of Economic Projections (SEP). The median projection for headline PCE inflation in 2026 ...
Over the past six decades, the power of American firms to charge prices above their production costs — which economists call "market power" — has grown. In 1960, prices averaged about 10 percent above ...
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