Economists say that supply chain disruptions could stretch into next year.
Shortages have affected everything from fertilizers to equipment parts. They are challenging businesses everywhere, adding pressure on inflation and testing the Fed’s ability to keep the economy afloat.
The Federal Reserve Chairman says that it is a lot easier to create demand than it is to supply things back up to what is needed.
The Institute of International Finance reports that this supply crunch exceeds anything in recent history.
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