Is “greedflation” keeping prices high for consumer goods?

Closer Look with Rose Scott

A federal report suggests grocery stores are making huge profits off what's being called "greedflation," the economic idea that businesses kept prices high well after pandemic-era demands cooled off. Dean Baker, a senior economist at the Center for Economic and Policy Research (CEPR), discusses “greedflation” and the latest inflation report, which shows a 3.5% increase since March 2023.

Plus, we air WABE Southside reporter DorMiya Vance's feature from the “Young Business” series. The story spotlights two Black women who opened an agriculture business that opened during the pandemic.

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