The Financial News

The Financial News

‘Funflation’ surpasses core inflation as banks make record profits


PNC Senior Economist Brian LeBlanc discusses the rising cost of having fun. Meanwhile, US banks have reported record-breaking profits—what’s driving those gains?

0:00 Leisure activity costs rising fastest
2:48 Who ‘funflation’ is hurting most
4:40 Why banks made so much in Q2

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