Supply Chain Front News Today : Breaking News, Live Updates & Top Stories | Vimarsana

President's approval numbers. >> he asked everybody, hang in there. he cited some of the positive economic news. some good out there but hang in there. inflation will get better. is there an easing in sight? >> this report puts the pressure on the federal reserve to speed up its interest rate hikes. many people argue the fed has been slow to move into inflation fighting mode but it's important to remember that this is not going to go away overnight. it takes time, even once the fed raises rates, it's going to take months before that trickles down into the real economy and in the meantime we ne...

Heating costs. there's glimmers of hope on the supply chain front, a major driver of congestion. port congestion is easing. sky-high shipping costs are coming down. also, deliveries are speeding up, albeit from very slow levels. it may not get back to normal any time soon. here's how one economist at moody's analytics summed it up to me. i'm increasingly confident that the worst appears to be over. that's a big deal. because if the supply chain mess finally starts to get cleaned up that should take pressure off inflation. >> so, matt, one of the structural things that has happened that will ta...

Bill, but of course that's not going to help in the short term. in the intermediate term, what the president is trying to do is smooth out kinks in the supply chain by getting ports operating 24/7, by getting truck transmission of those goods to market and to factories accelerated, expanding the number of trucker and drivers' licenses, maybe dropping the age of ability from truckers from 21 to 18 if they can resolve safety concerns across the government, semiconductors, as well, trying to ease those kinks because those are fueling inflation, which is an increasing problem for americans, a prob...