The “first tranche” of sanctions against Russia is here. Now what?
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When paired with inflation and supply chain issues, the economic impacts of U.S. sanctions could amount to a "central banker's ultimate nightmare," said Politico's Sudeep Reddy.
Segments From this episode
With some sanctions come some economic blows
Today, we're joined by Sudeep Reddy of Politico to hear about the global economic implications of the Russia-Ukraine conflict.
Russia, a major energy producer, could use oil and gas supplies as a political weapon against the governments of its customers.
The services sector has been feeling the pinch of higher costs, particularly when it comes to wages.
Together, Russia and Ukraine supply a large part the world's wheat and corn exports.
Rising inflation will change the calculus for some apparel wholesalers.
Never too early to prep for the upcoming holidays
While inflation is still high and consumer sentiment has trended low, many people are still spending. Irene Kesselman, owner of the Ali Cat Toys in Carrboro, North Carolina, describes what's she's seeing in the store and hearing from suppliers.