The Economic Times

Will US inflation spike again as NY Fed supply chain index jumps in March? What will happen to Fed rate cuts amid rising costs?

The NY Fed says supply chain pressures heated up in March, with the Global Supply Chain Pressure Index rising to 0.68 from 0.54. This fresh data signals a clear shift. Global supply chains are facing renewed stress. Shipping delays are increasing again. Transport costs are moving higher. The NY Fed supply chain pressures trend shows early warning signs. Markets are watching closely. Businesses are adjusting fast. Geopolitical tensions are adding risk. Trade routes are getting disrupted. The global supply chain outlook now looks fragile. However, levels remain far below the 2021 peak of 4.49. This means pressure is rising, not exploding.