Walmart and Target are slashing prices. What does that mean for inflation?

Walmart and Target are slashing prices. What does that mean for inflation?

32 days ago


Americans might be noticing markdowns for some everyday essentials during their weekly grocery runs. That doesn’t mean the battle against inflation is won. Walmart saw first-quarter sales at stores open at least a year climb 3.8% from the prior year, in part thanks to its ability to keep prices low even as inflation remains sticky. The largest retailer in the United States has been a mainstay for cash-strapped consumers shopping for deals on groceries and other merchandise.

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