The Everything Shortage & Price Hikes Plastered All Over Fed’s “Beige Book”
This article was written by Wolf Richter and originally published at Wolf Street Today’s release of the Fed’s “Beige Book“ – an informal narrative of the economy as told by small and large companies in the 12 Federal Reserve districts – listed “shortage” 77 times, up from 19 times in January. Shortages of nearly everything, with labor-related shortages being the…