As Josh Bivens of the Economic Policy Institute notes, if one producer is temporarily sidelined, or otherwise forced to cut back production, this provides opportunities for competitors that are not as hampered to jump in with price increases.
In These Times
May 6, 2022
As a result, economists across the spectrum wonder if the Fed can control this bout of price spikes. Lawrence Mishel, a distinguished fellow at the Economic Policy Institute, says, “There’s a lot of reasons to think that inflation is transitory. It doesn’t mean it’s going to be two months, it could be a year, but it’s not going to be, you know, 4 or 5% a year for the next five years.” Leaders at the Fed have a long-term target of about 2% inflation.
CNBC
May 6, 2022
Barnette also has concerns about the racial wealth gap when it comes to Black and brown women. The Economic Policy Institute says a full-time Black worker earns 20% less than a full-time white worker.
Spectrum News
May 6, 2022
Barnette also has concerns about the racial wealth gap when it comes to Black and brown women. The Economic Policy Institute says a full-time Black worker earns 20% less than a full-time white worker.
Spectrum News
May 6, 2022
Barnette also has concerns about the racial wealth gap when it comes to Black and brown women. The Economic Policy Institute says a full-time Black worker earns 20% less than a full-time white worker.
Spectrum News
May 6, 2022
Barnette also has concerns about the racial wealth gap when it comes to Black and brown women. The Economic Policy Institute says a full-time Black worker earns 20% less than a full-time white worker.
Spectrum News
May 6, 2022
Barnette also has concerns about the racial wealth gap when it comes to Black and brown women. The Economic Policy Institute says a full-time Black worker earns 20% less than a full-time white worker.
Spectrum News
May 6, 2022
Barnette also has concerns about the racial wealth gap when it comes to Black and brown women. The Economic Policy Institute says a full-time Black worker earns 20% less than a full-time white worker.
Spectrum News
May 6, 2022
Barnette also has concerns about the racial wealth gap when it comes to Black and brown women. The Economic Policy Institute says a full-time Black worker earns 20% less than a full-time white worker.
Spectrum News
May 6, 2022
Barnette also has concerns about the racial wealth gap when it comes to Black and brown women. The Economic Policy Institute says a full-time Black worker earns 20% less than a full-time white worker.
Spectrum News
May 6, 2022