Omicron Will Cause Problems, but Inflation May Not Be One

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Federal Reserve policy makers worry that the Omicron variant could exacerbate companies’ supply-chain and hiring problems, pushing up prices as a result. The actual outcome could be different.

The pandemic brought on imbalances between supply and demand that have been remarkably persistent. Covid-19 concerns and containment efforts around the world slowed the production of necessary components, disrupted shipping activity and pushed people out of the labor force. At the same time, they sparked a jump in demand for goods that was intensified by several rounds of government relief.

Omicron Will Cause Problems, but Inflation May Not Be One Source link Omicron Will Cause Problems, but Inflation May Not Be One

The post Omicron Will Cause Problems, but Inflation May Not Be One appeared first on Eminetra.

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