Should the government control the price of food and gas? - CNN
WEBJan 18, 2022 · Price controls can be targeted or imposed on a broad range of goods, setting either a floor or ceiling. The German capital of Berlin , for example, has sought to limit how much rent landlords...
Harris’ plan to stop price gouging could create more problems ... - CNN
WEBAug 16, 2024 · On Friday, Vice President Kamala Harris said she has a solution: a federal ban on price gouging across the food industry. “My plan will include new penalties for opportunistic companies that ...
Spike in Inflation Reignites Debate on Price Controls - The New York Times
WEBJan 13, 2022 · America’s recent inflation spike has prompted renewed interest in an idea that many economists and policy experts thought they had long ago left behind for good: price controls.
To Combat Inflation, The U.S. Should Impose Price Controls
WEBJan 2, 2022 · America is suffering from the fastest rise in consumer prices in nearly four decades. For months, inflation has been outpacing workers’ nominal wage gains, thereby depressing living standards,...
Philippine price ceiling adds to rice farmers’ insecurity
WEBOct 10, 2023 · Data provided by the Philippines’ agriculture department shows a kilogramme of rice, whether well-milled or regular-milled, was being sold slightly above the price ceiling across Manila markets.
Americans' refusal to keep paying higher prices may be dealing a …
WEBAug 12, 2024 · A more price-sensitive consumer helps explain why inflation has appeared to be steadily falling toward the Federal Reserve’s 2% target, ending a period of painfully high prices that strained many people’s budgets …
There’s a lot of good news for Americans in the latest ... - CNN
WEBJan 26, 2024 · Commerce Department data released Friday showed that although the Federal Reserve’s preferred price gauge didn’t budge from its 2.6% annual rate seen a month before, a closely watched measurement...
The Economics of Price Controls - The Economics of Price …
WEBSep 27, 2022 · A price ceiling creates a government-mandated maximum price that sellers can charge their customers. Price controls can lower prices for some consumers but also cause shortages which lead to arbitrary rationing …
Why Price Controls Should Stay in the History Books
WEBMar 24, 2022 · Governments can either control the rise of prices with price ceilings, such as rent controls, or put a floor under prices with policies such as the minimum wage. The following table shows some examples of common price controls.
US consumers fight back by shifting from name ... - Associated Press News
WEBFeb 25, 2024 · Fed up with prices that remain about 19%, on average, above where they were before the pandemic, consumers are fighting back. In grocery stores, they’re shifting away from name brands to store-brand items, switching to discount stores or simply buying fewer items like snacks or gourmet foods.