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The rich keep spending money on ‘unapologetic luxury’ — and it’s raising prices on everyday goods for everyone

The rich keep spending money on ‘unapologetic luxury’ — and it’s raising prices on everyday goods for everyone
MarketWatch Saturday 13 June 2026, 12:30 UTC By Greg Robb 1 min read
Key Points

The wealthy are unfazed by inflation, and that could complicate the Fed’s ability to fight it.

The wealthy are unfazed by inflation, and that could complicate the Fed’s ability to fight it. [Image text:] 20YEARS IAMG 250 20 IWC AA SUN25 20.5 Piot's Watch Performance Chronograph41AMG SWIM INTIMATES IWC SCHAFFHAUSEN
Fed (ORG)
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