Fed's Bullard says retailers who don't understand consumers are being stretched by inflation will get 'punched in the face'

Fed’s Bullard says retailers who don’t understand consumers are being stretched by inflation will get ‘punched in the face’

Retailers who continually raise prices and fail to understand that consumers are being strained by inflation will lose market share, St. Louis Fed President James Bullard said Friday. “A lot of CEOs have come on TV and said ‘oh, I have a lot of pricing power and I can do whatever I want and make …

Fed’s Bullard says retailers who don’t understand consumers are being stretched by inflation will get ‘punched in the face’ Read More »