"Biden Adviser Urges Grocery Chains to Lower Profit Margins Amid Continued Price Increases"

1 min read
Source: MarketWatch
"Biden Adviser Urges Grocery Chains to Lower Profit Margins Amid Continued Price Increases"
Photo: MarketWatch
TL;DR Summary

A top Biden economic adviser, Lael Brainard, has called for grocery chains to reduce their profit margins as the administration continues to address elevated prices, with inflation remaining a concern for voters. Brainard emphasized the significance of grocery prices to consumers and highlighted the administration's focus on addressing the issue as the presidential election approaches.

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