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Wall Street braces for the end of profit-led inflation

Companies are losing their ability to keep prices elevated as inflation has been coming down, and Wall Street is noticing. Inflation was initially caused by companies’ passing through cost increases brought about by mangled global supply lines. Those elevated costs gave them cover to keep their prices higher and take more in profit. But as…
United Kingdom United States New York Paul Donovan Jerome Powell Daniil Manaenkov
Source: yahoo.com

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