Bidenflation: Businesses Tell the Fed That Rising Costs Are Getting Easier to Pass On to Customers

Bidenflation: Businesses Tell the Fed That Rising Costs Are Getting Easier to Pass On to Customers: 

U.S. businesses are finding it easier to pass on increased costs to their customers and expect to keep raising prices in the months ahead, the Federal Reserve said on Wednesday.

The Fed, in its latest Beige Book report that collects business anecdotes from around the country, said that prices charged to customers increased at a “robust pace” across the United States. A few districts even reported an acceleration of prices.