Zinc rose as much as 6.9 per cent on the London Metal Exchange, and a gauge of six industrial metals closed in on an all-time high.. Read more at straitstimes.com.
Amid a cascade of disruptions, global supply chains are reaching crisis levels in many sectors, which could have serious knock-on effects on economies, including the threat of higher and more persistent inflation.. Read more at straitstimes.com.
If Fed policymakers feel they need to raise rates to head off inflation before the economy has time to reach full employment, that could cut short the recovery.. Read more at straitstimes.com.