Restaurant Business Exclusive Content
The Fed is almost done raising interest rates. Maybe
The Bottom Line: Minneapolis Federal Reserve President Neel Kashkari suggested a 60% chance of a soft landing with one more rate hike. But "meaningfully higher" rates are also possible.
Executives' franchisee profitability comments are pointless until they report the data
The Bottom Line: McDonald’s and its franchisees differ on the profitability of restaurants, but we can’t judge for ourselves because the company doesn’t release the data, like most franchise businesses.