Supply Chain Disruptions, Inflation, and the Fed
Abstract: Used cars became a hot commodity during the pandemic, with their prices increasing by roughly 50 percent between January 2020 and December 2021. The spike in used car prices was a prominent example of how global supply chain disruptions have contributed to U.S. inflation. It also highlighted the complexity of global supply and demand relationships.
File format is application/pdf
Description: Journal Article
Provider: Federal Reserve Bank of Richmond
Part of Series: Econ Focus
Publication Date: 2022