Cracking

 

Some of America's best-known corporations are saying their consumers are being pinched by inflation as prices continue rising.

Inflation has dominated corporate America's discourse over the past three years following the pandemic-induced easing of monetary policy and trillions of dollars in Covid relief. 

Though the pace of price growth has cooled since the Federal Reserve began raising interest rates in early 2022, consumers are still feeling the squeeze — and often tightening purse strings — as costs continue climbing.