Corporate greed increasingly seen as 'major cause' of inflation: Poll

[ck4829]

A new poll found 3 in 5 Americans now say corporate greed is a “major cause” of inflation.

That’s a 15 percent jump to 59 percent from 44 percent in January 2022, according to a new poll from Navigator Research. The left-leaning polling and opinion research group surveyed 1,000 registered voters from Jan. 25-29.

“After more than two years of corporations posting record profits while Americans struggle to balance their checkbooks, it’s no surprise that people increasingly see corporate greed as a problem,” said Maryann Cousens, associate of polling and analytics for Navigator Research.

Inflation hit 7.5 percent year over year in January 2022 and peaked at 9.1 percent 6 months later, as measured by the Labor Department’s consumer price index (CPI). Prices have fallen precipitously, with annual inflation clocking in at 3.1 percent in January, but it remains above the Federal Reserve’s goal of 2 percent.

https://thehill.com/business/4467484-corporate-greed-increasingly-seen-as-major-cause-of-inflation-poll/