- Central banks warn against using high inflation as an excuse to boost profit margins.
- US company profit margins hit highest level since WW2, Eurozone businesses also enjoy biggest expansion since 2008.
- Policymakers shift focus from wage price spirals to businesses raising prices.
- Unions call out corporations for profiteering epidemic, while central banks urge companies to refrain from perpetuating high inflation.
- Weaker demand likely to reduce companies' price gouging opportunities, but economists warn market imperfections may still allow for margin-raising.
Financial Times — World — Inflation Profiteering — Eurozone Economy — Global Economy — Global Inflation
Central bankers warn companies on fatter profit margins
Central banks warn companies against using high inflation to boost profits, shifting focus from wage price spirals. Unions call out profiteering epidemic.