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Biden's Economic policies are a plus
#50
I do think prices will still go down more, for what it's worth, without raising rates further. For instance Pepsi reported earnings today. They were asked if their prices were going down relative to CPI/PPI. Answer....our prices lag because our costs get locked in. from 8 months earlier. Translation....their current stock was the cost of inventory from back then, not now. So...in 8 months Pepsi seems to saying you will see a greater effect.
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RE: Biden's Economic policies are a plus - Goalpost - 07-13-2023, 11:01 AM

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