Global supply chain pressures may have peaked according to a new index from the Federal Reserve.
As reported by CNBC, The Federal Reserve’s new tool, which it unveiled last week, shows global supply chain pressures at high levels, but suggests those problems may have peaked.
The new metric, called the Global Supply Chain Pressure Index, documents disruptions to supply chains since 1997. The gauge has historically moved around its average.
Click here to read the full report from CNBC.