Fed Has a Sunny View of Inflation While Companies See the Clouds
- Date: 19-Jul-2021
- Source: Yahoo News
- Sector:Economy
- Country:Middle East
Fed Has a Sunny View of Inflation While Companies See the Clouds
(Bloomberg) -- The Federal Reserve may be downplaying the risk of lingering inflation, but those with arguably the best vantage point -- the companies themselves -- are taking a less optimistic view of rising prices.
Just last week, Conagra Brands Inc. and PepsiCo Inc. signaled that higher input costs will be more than a blip. Instead, they expect everything from raw ingredients to labor to remain substantially more expensive in coming months.