Tag Archives: supply chain difficulties

As the US central bank mobilizes for the inevitable fight against 40-year-high inflation with what is expected to be a string of big interest-rate hikes, one US central banker injected a tone that is full of caution, warning headlong rate hikes could create “significant economic dislocation.”In an essay published Tuesday, …

Data released on Tuesday showed Industrial Production rose 1.1% in April. Analysts at Wells Fargo point out that US factories, mines and energy producers together called more capacity into service than at any other time since the start of the pandemic. They warn supply chains are not fixed and could …

Data released on Friday show that University of Michigan’s Consumer Sentiment Index dipped to 59.1 in May from 65.2 in April, this is the lowest reading since 2011. According to analysts at Wells Fargo, there is no shortage of factors to blame for the decline in consumer sentiment, from inflation …

The White House sees more risks to US economic activity in the months ahead thanks to rising prices and Russia’s invasion of Ukraine, but still expects healthy GDP growth in 2022.A senior administration official said inflation, caused in part by Russia’s attack on Ukraine, and supply chain hiccups are additional …

Tesla has just reported Q1 results, 2022, and beaten analysts’ expectations on top and bottom lines. For the period ending March 31, 2022 Tesla reported $3.22 earnings per share, and revenue of $18.76 billion.Automotive revenue reached $16.86 billion, up 87% from the same period last year. Automotive gross margins jumped …

Supply chain bottlenecks, the highest inflation in decades and a persisting labour shortage are weighing on businesses across the country, according to a new Federal Reserve report. In its region-by-region roundup of anecdotal information known as the Beige Book, the Fed reported that while economic activity increased at a “moderate …

A market breakdown could have extensive economic consequences. The US central bank is believed to be aware of the necessity of being prepared to lend emergency support in the aftermath of the sanctions imposed on Russia, given the fact that the sanctioned country is undoubtedly one of the globe’s largest …

3-month nickel contracts retraced 12% on Friday morning to new trading levels, as heavy selling continued in the international metals markets. The price reached 36,915 dollars per metric ton with the opening of trading on the London Metal Exchange. Nickel prices doubled within hours on March 8, surpassing $100,000 a …

Tesla is raising prices for its entire electric car lineup – a move that came days after CEO Elon Musk warned the firm was under “significant” inflationary pressure given the rising cost of key commodities following the Russian invasion of Ukraine.For example, Tesla’s cheapest available car, the Model 3 with …

NY Fed President, influential FOMC member John Williams said on Friday that inflation is way too high right now, but there are some reasons for optimism that it will come down, according to Reuters. Additional Quotes:“Businesses that rely on people commuting to work in the office are seeing a slower …