by Anura Guruge
on August 22, 2024
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Right now the strike is less than 48-hours old. So not that much harm done. But if it goes on for a week, we, in the US, could start feeling some pain. If it impacts the supply chain much, as it has the potential to do, it WILL spike up INFLATION AGAIN — just as the Fed finally decides to start lowering interest rates. That is not going to be good.
I am HOPING that the Fed is keeping a CLOSE EYE on this.
If the strike is resolved by early next week, it wouldn’t be an issue.
So, I am just letting you know.
Keep an eye on this strike.
