"CEOs Adapt to Volatile Supply Chains as the New Normal"

Top CEOs are warning that the current volatility in global supply chains, particularly in the Red Sea due to Houthi rebel attacks, is likely to become the new normal. The disruptions, along with other factors such as climate change and geopolitical complexities, are leading to higher freight rates and a reevaluation of supply chain efficiency. This could result in higher prices for consumers and pose challenges for central bankers dealing with inflation.