Fed Economists See Freight Rates Surging Lifts Inflation

Some consumers of ocean freight services are chartering their own vessels to try to keep costs down, says an article published in Bloomberg.

Federal Reserve Chair Jerome Powell is going to face some big questions from Congress about the outlook for inflation, like: Will unprecedented stimulus eventually come back to haunt the U.S. economy in the form of higher costs for American consumers?

For anyone involved in global trade, surging prices...

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