Ketchup, burritos, everything is more expensive as CEOs say inflation here to stay
It’s not just your daily Chipotle order that’s getting more expensive – the CEO of Kraft Heinz is sound the alarm today threatening to raise prices on ketchup, mayonnaise and countless pantry staples for working Americans.
Meanwhile, producer prices today recorded the “fastest increase on record” and everyone from JP Morgan Chase, Morgan Stanley and BlackRock are warning that inflation is “here to stay.”
“House Democrats’ far-left agenda is stunting our recovery, creating runaway inflation and robbing the value of hardworking families’ paychecks,” said CLF Communication Director Calvin Moore. “Families are working harder than ever to get back on their feet and all Democrats have to offer is higher taxes, higher inflation and higher crime rates across the country.”