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Central banks’ hopes for supply chain miracle may be dashed by China, Ukraine – BusinessWorld Online – News Bit

May 20, 2022
Source: newsbit.us newsbit.us
News Snapshot:
Central banks’ hopes for supply chain miracle may be dashed by China, Ukraine – BusinessWorld Online Business By Dustin Moskovitz On May 20, 2022 0 Share REUTERS WASHINGTON — Global central banks hoping that high inflation would ease through improving global supply chains saw little relief through April as new coronavirus lockdowns in China and the war in Ukraine lengthened delivery times and drove costs higher, new analyses from the New York Federal Reserve and others indicate. A global supply chain pressure index, released on Wednesday by the New York Fed, rose in April after four months in which supply...
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