Federal Reserve's Bullard: Supply chain disruptions may lead to inflation rise

Jin10 Data, May 16 - The Federal Reserve’s Ball said that the foundation of the U.S. economy is solid, but he warned that tariff-related Supply Chain disruptions could lead to a slowdown in economic growth and a rise in inflation. Ball emphasized the importance of small businesses and their role in the Supply Chain and the overall economy. He stated that trade policies have cast a shadow over the outlook, increasing uncertainty. For small businesses, potential Supply Chain disruptions are “especially severe,” partly due to their limited access to credit. He added that small businesses often provide specialized inputs that are difficult to obtain elsewhere, and business closures could further disrupt the Supply Chain.