NY Fed: Global supply chain stress surged to highest level since mid-2022
The Federal Reserve Bank of New York's Global Supply Chain Pressures index jumped sharply in April to levels not seen since July 2022. The index rose to 1.82 from 0.68 in March, marking the largest month-to-month increase since March 2020. The rise coincides with trade interruptions tied to the conflict sparked by President Donald Trump’s attack on…