New York Fed finds easing supply chain pressures in April

The New York Fed reported the global supply chain pressure index at -0.29 for April 2025, indicating reduced pressures compared to -0.17 in March. This suggests smoother movement of goods across borders despite existing trade uncertainties.

The U.S. Trade deficit increased significantly in March, particularly influenced by pharmaceutical imports. This shift raises questions about stability in trade patterns amidst ongoing economic uncertainties and anticipated effects from tariffs.

Experts, including Omair Sharif from Inflation Insights, highlight potential challenges ahead. Concerns about empty store shelves and insufficient inventory could indicate impending supply issues driven by the evolving trade landscape.