What started as narrowly focused problems in a few key products—like computer chips—has spread to a wide range of goods. The invasion of Ukraine intensified supply chain problems and pushed up commodity prices and inflation worldwide. And large parts of China are now under a renewed lockdown, causing further supply issues, transportation backlogs and uncertainty.
5/7  BIS central bankers' speeches  These are things we didn’t foresee. We know we have a ways to go before Canadians can fully judge the success of our actions. There is still work to do. The job is not complete.