For the past two years, labor shortages and disruptions in the supply chain have become part of everyday business management. Now businesses must add high inflation to the list of challenges and try to figure out how the Federal Reserve Board’s (Fed) response may impact their decision-making process.
To help ease inflationary pressures, the Fed ended its quantitative easing program in March and raised the key federal funds rate by 0.25% in March, 0.50% in May and 0.75% in June, according to press…
