Samanth Subramanian / Quartz
China’s lockdown of its tech hub is bad news for the Fed’s fight against inflation – With Shenzhen under a weeks lockdown, the supply chain crisis will worse and inflation is likely to rise, just as the Federal Reserve prepares to hike interest rates. China locked down Shenzhen, its tech hub and second biggest port, and imposed severe curbs on Shanghai, its biggest port, as nationwide …
