Logistically Minded: Fed raises interest rates

Healthcare supply chains are shifting as cost pressures rise, here's how.Peak season hit retailers and carriers hard, slowing the logistics network.Mattel unveiled a new cost-savings plan, targeting its supply chain. The Federal Reserve did it again. For the third time this year, and the fifth time since the Great Recession, the central bank raised short-term interest rates this week, banking on a strong economy. It was to be expected. Months of data show low unemployment and strong GDP projections, despite the recent disasters that struck the United States. Consumer demand is so strong, supply chains are struggling to keep up both in terms of logistics and production capacity.What's more, the Trump administration expects to boost the economy further next week, if it passes a much-awaited tax reform. But, in a press conference, Fed Chairwoman Janet Yellen offered a "lukewarm endorsement" of the tax plan, according to The New York Times. The Times' BinYamin Appelbaum sums it up best: