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As inflation fury lingers, politicians join customers in pushing companies to cut prices
High inflation has put companies like Walmart, McDonald’s, and Kroger in the political spotlight.
Senators Elizabeth Warren and Bob Casey criticized Kroger’s use of electronic shelf labels, fearing they could lead to price hikes, especially as Kroger plans a $24.6 billion acquisition of Albertsons.
Both Democrats and Republicans are focusing on inflation in their campaigns. Vice President Kamala Harris targets corporate “price gouging,” while former President Donald Trump blames Biden’s policies, CNBC has reported.
read more: https://www.cnbc.com/2024/08/07/2024-election-inflation-grocery-prices-a-top-issue.html
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#Inflation #Economy
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