Categories: Economy

New York Fed finds easing provide chain stress in April


By Michael S. Derby

NEW YORK (Reuters) – Provide chain pressures eased final month at the same time as economies all over the world rushed to place themselves for the influence of large and shifting commerce tariffs by the Trump administration.

The Federal Reserve Financial institution of New York reported Tuesday that in April its international provide chain stress index stood at -0.29, versus March’s revised -0.17. The studying indicated no notable provide chain pressures.

(Reporting by Michael S. Derby)

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