What Fed Chair Powell said about the relationship between profit margins and inflation ๐ธ
Inflation has yet to cool as profit margins hold up ๐คจ
![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F64af3013-d0be-4e0d-b5cd-b8a69fd82ef2_1600x846.png)
As we discussed in the March 9 TKer, profit margins are becoming a key controversial issue in the inflation discourse.
The narrative goes like this: Supply chain disruptions related to the pandemic led to shortages and forced the costs of goods to rise. Corporations passed these higher costs to โฆ
Keep reading with a 7-day free trial
Subscribe to TKer by Sam Ro to keep reading this post and get 7 days of free access to the full post archives.