Fed: News-Based Approach to Measuring Shortages and Their Effects on the Global Economy
June 27, 2026
June 27, 2026
WASHINGTON, June 27 -- The Federal Reserve issued the following Fed Notes article:
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A News-Based Approach to Measuring Shortages and Their Effects on the Global Economy
By Dario Caldara and Matteo Iacoviello
The conflict in the Middle East has severely constrained global supplies of oil and natural gas. The conflict is also disrupting the provision of other inputs critical to global supply chains, such as naphtha and fertilizers, leading t . . .
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A News-Based Approach to Measuring Shortages and Their Effects on the Global Economy
By Dario Caldara and Matteo Iacoviello
The conflict in the Middle East has severely constrained global supplies of oil and natural gas. The conflict is also disrupting the provision of other inputs critical to global supply chains, such as naphtha and fertilizers, leading t . . .