CEOs to Investors: Repeat After Me, Inflation Is Transitory
- Executives taking cues from the Fed amid price jitters
- Companies also see supply-chain difficulties as temporary
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As inflation continues to creep up on consumers, company executives want to communicate one thing above all else: It’s transitory.
Officials at S&P 500 companies have mentioned the word 210 times this year on investor calls as of Tuesday, a tally that far surpasses the previous high in 2018, according to a Bloomberg analysis of investor call transcripts. Leaders at Nike Inc., Hershey Co. and Delta Air Lines Inc. are among those to have used the term on conference calls.