Economy
Thursday, 6/25, 08:30 PM
U.S. Firms Absorbed the Oil Shock. A Fed Survey Says the Next One May Hit Prices
- Most U.S.
- companies ate the cost of this spring's oil spike rather than pass it to customers, a Federal Reserve survey of chief financial officers found — but they warned that a second, sustained shock would force them to raise prices, with pass-through jumping toward 90%.