Here’s what Costco is saying about inflation — and a membership fee increase

As the market obsesses about inflation and what would cause the Fed to step off the gas pedal, it’s worth considering what some companies are saying about it.

The view from Costco Wholesale, the warehouse retailer known for its competitive prices, seems as good as any to start. And the comments made by CFO Richard Galanti on its conference call suggest the Fed will still be in inflation-fighting mode for the rest of the year, though perhaps a pivot could come next…

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