Will rising interest rates rein this in?

https://popular.info/p/inflation-profiteering?s=w
The extraordinary increase in profits is evidence that "outsize price hikes are at least partially responsible for rising inflation." Isabella Weber, professor of economics at the University of Massachusetts Amherst, told NPR in February that "companies have bragged about how they have managed to be ahead of the inflation curve, how they have managed to jack up prices more than their costs and as a result have delivered these record profits." Weber noted that these profits were achieved by companies that "have increased prices by more than cost."

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No, but antitrust enforcement might.

intercst

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