CEO of Maker of U.S.-Manufactured Toys Sees Higher Inflation Persisting Into Late 2022 - NewsBreak

American Plastic Toys CEO John Gessert predicted Monday that higher prices this year may still be around into late 2022. Gessert said he does not think inflation will prove to be transitory, as Fed chief Jerome Powell has said. "I can't imagine going back to the people that have stuck...