with shortages of components and surging prices of critical raw materials squeezing manufacturers around the world.
The supply shocks are already showing signs of choking off the recovery in some regions.
Meanwhile, global labor shortages, often the result of people leaving the workforce during the pandemic, are throwing further obstacles in the way of producers.
WSJ 8 October 2021
“Hiking will reduce demand a little bit and strengthen the currency. But it will have no impact on supply chain issues [ . . .] it won’t bring back lorry drivers.”
FT 30 September 2021