Problem: The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week's policy meeting. This time, Fed officials likely will approve a 0.25 percentage point increase as inflation starts to ease, a more modest pace compared with earlier super-size moves in 2022. (1/31/2023 CNBC)
The interest rate has been low since the financial crisis in 2008. What will be the impact of interest rate increase on U.S. supply chain? You should analyze this issue from supply side and from demand side (how interest rate affects consumer demand and corporate investment).