The Importance of Price Stability in the Economy

The lagging inflation effect could hit markets later this summer. This subset of entrepreneurs who have held prices stable in the face of rapidly rising input costs that simply cannot Hold back the dam of these pressures anymore are going to be forced to raise prices How large is that subset? I guess that's yet to be seen but I do think there are at least anecdotal data points that prove that There are businesses operating this way and we could see price inputs increase throughout the summer.