Food Prices Keep Going Up. The Impact May Be Felt Far Beyond the Supermarket. - Barron's
3/19/2022 12:00:00 AM3 years 1 month ago
by Lisa Beilfuss
by Lisa Beilfuss
Surging prices for groceries, energy, and other household essentials may not be as fleeting as economists or Fed policy makers expect. That brings a host of risks, from runaway inflation to social unrest. Here’s why investors need to pay attention.
An economic maelstrom is brewing. A few months ago, it cost Rachel Lee about $150 to buy two weeks of groceries for her family of four. Lately, she says, it takes almost $100 more to buy the same foo… [+366 chars]
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