Tag: inflation

  • Increases In Food Prices Are No Longer Greater Than Inflation Overall

    Although eating out is still an expensive endeavor, food prices aren’t rising faster than overall inflation for the first time since early last year. According to data from the Bureau of Labour Statistics, the most recent Consumer Price Index, which was made public on Tuesday, indicated that food prices rose 2.9% for the year that…

  • Jamie Dimon Advises Being Ready For A Downturn

    Jamie Dimon, the CEO of JPMorgan Chase, sent a strong message to Wall Street on Wednesday: a recession is still a possibility and inflation may rise further. Many items on the market are risky and will cause inflation. At the 2023 New York Times DealBook Summit in New York, he advised attendees to be ready.…