Free Republic

The global supply chain crisis that led to historic levels of inflation unseen in decades may have reached a tipping point and may soon be over, according to a new barometer used by the US Federal Reserve to monitor supply chain pressures. The Fed tool demonstrated that while supply chain pressures are still at dangerous level, the gridlock may have peaked, CNBC reported. The new barometer, called the Global Supply Chain Pressure Index (GSCPI), analyzes supply chain disruptions beginning with 1997. The current pandemic supply chain crisis is far more severe than other increases in the metric, even spikes seen...