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The Economic Times
The Economic Times

NY Fed says supply chain pressures eased in June

US Federal Reserve Supply chain New York Fed Inflation the Strait of Hormuz Middle East Strait of Hormuz

Global supply chain pressures eased in June, the Federal Reserve Bank of New York said on Monday, as the impact of the Middle East war began to fade.

The bank's Global Supply Chain Pressure Index moved to ‌1.25 from an upwardly ⁠revised ⁠1.81 in May.

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