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this post was submitted on 12 Jul 2024
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There's recent research showing that may not be the case entirely, though that's not to say price gouging isn't happening in places.
https://www.reuters.com/markets/us/corporate-greed-not-blame-price-pressures-fed-study-shows-2024-05-13/
Why are you being downvoted? Is there something I'm missing with the generally accepted reliability of the source or the methodology in the research?
Where is the research in the article? It's basically citing one paper, and not really telling what its title is so you can't just review it to make sure it's valid and not missing something.
One Google away:
https://www.frbsf.org/research-and-insights/publications/economic-letter/2024/05/are-markups-driving-ups-and-downs-of-inflation/
Thanks for linking, it was just suspect that it wasn't linked in the Reuters article (I know it Reuters, but even then if it's a claim that might be challenged they should link to the research).
The source reporting on the study should lend itself to the veracity of the information. I think there's a bit of shooting the messenger going on. I trust Reuters as a reliable source of information, and if the study were lacking I feel it would be noted. The study was published in May, so I would hope if there were holes in the report they would have surfaced by now.
https://www.frbsf.org/research-and-insights/publications/economic-letter/2024/05/are-markups-driving-ups-and-downs-of-inflation/