A billionaire grocery store executive has said food prices will continue to rise until Washington DC stops doing 'dumb things,' while calling on the to halt its interest rate hikes.John Catsimatidis, a talk radio host and CEO of Manhattan grocery store chain Gristedes, made the remarks in an appearance on this week.It came after the latest data showed prices rose 4.9 percent in April from one year ago, down from the 9.1 percent peak seen last summer but still well above the Fed's 2 percent target.
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