The National Retail Federation is the world’s largest retail trade association.
Every day, we passionately stand up for the people, policies and ideas that help retail thrive.
Secretary Yellen meets with NRF Board of Directors
U.S. Secretary of the Treasury Janet L. Yellen met with the Board of the Directors of the National Retail Federation on June 14 to discuss the state of the American economy, including the Biden-Harris Administration’s work to get inflation under control without sacrificing the strong economic and job gains that have been made.
National Retail Federation President and CEO Matthew Shay explains why there is more work to be done to ease pressure on American businesses, workers and consumers.
As we continue to face the highest rate of inflation in decades, consumers and businesses are feeling the pain of higher prices on everything from everyday goods and services to rent, groceries and gas. NRF surveyed shoppers in May 2022 to understand how their behaviors and attitudes are changing in the face of higher prices.
Swipe fees for processing credit card transactions cost more than $700 a year for the average family. Reforming the credit card market would foster competition and significantly help Main Street businesses and their customers during these challenging economic times.