The president of the Minneapolis Federal Reserve Bank says supply chain problems are likely to linger and continue to impact the economy.
Neel Kashkari with the Minneapolis Federal Reserve Bank says his staff has talked with many large businesses with complex global supply chains, and he says it’s not clear how long it will take for the supply side to normalize and see people return to the workforce. “Because maybe it’s a factory in Asia that’s shut down, or maybe there are not enough truck drivers.