Bob Casey zeroes in on 'greedflation' message in key Pennsylvania Senate race

Sen. Bob Casey , D-Pa., has zeroed in on the populist economic message that corporate greed is driving rising prices.

Casey has run multiple ads focused on his campaign against “greedflation” in a critical battleground state.

His Republican opponents see the message as disingenuous.

Casey ’s Senate website dedicates an entire page to “greedflation,” which he also discussed at length in his speech at the Democratic National Convention this summer .

Many economists have expressed considerable skepticism about the validity of the argument.

Republicans acknowledge the argument has some resonance, but some Republicans are sympathetic to the idea.

Inflation has cooled from earlier in the election cycle, enough that the Federal Reserve cut interest rates by half a percentage point last month .

September ’s rate of inflation was 2.4% , the lowest monthly rate since February 2021 .

“It is really hard for McCormick to make an argument against it as a hedge fund manager,” a Democratic strategist working on Senate races said.