President Biden Departs White House For Ohio Inflationary pressures remain extremely high in the American heartland, survey data from the Federal Reserve Bank of Kansas City showed Thursday.
The Kansas City Fed said its index of prices paid for raw materials by manufacturers remained near record highs in July. Eighty-two percent of companies said prices had increased compared with a month ago, with two percent reporting lower prices. That’s a slight decline from the record high numbers hit in May and June. One hundred percent of companies reported paying more than a year ago.
And many businesses are succeeding in raising […]
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