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Price cuts may signal inflation trend shift
Washington analysts diverge over last week’s price reductions by McDonald’s Roy Rogers Hertz Ford and Chrysler observers say the cuts could help curb inflation psychology but many warn they may not curb the broader rise. Some economists predict a recession’s limited impact on inflation while others see potential for more cuts and revived consumer confidence enabled by lower prices.
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Washington
No 2
Gough
Roy Rogers
Hertz Corp
Ford Motor Co
Ford
Chrysler Corp
George Fads
Carter
Council of Economic Advisers
Chrysler
Eads
Hertz
Labor Department