Under Armour (UA) CEO Patrik Frisk told Yahoo Finance in a recent interview that he expects upward pressure on prices to persist into next year, describing the recent surge in demand alongside supply chain disruption as an “opportunity for us to raise prices.” The remarks from the head of one of the top sports apparel companies came days after Federal Reserve Chairman Jerome Powell downplayed the threat of long term inflation in a speech at the Jackson Hole Economic Symposium on… Source link
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