At his press conference on Wednesday, Fed chair Jay Powell mentioned the Tealbook, a report that looks at the current state of the economy and various economic forecasts. Those alternate scenarios can help the Fed be better prepared if the economy plays out in an unexpected way.
Private labels, like Target’s Everspring or Costco’s Kirkland, have long appealed to budget-minded shoppers, but consumers are increasingly turning to them for perishable foods — a sign of trust.