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Labor Disruptions and Economic Impacts
This chapter explores the lockout of employees at Canadian railroads due to union threats, analyzing the broader implications for North American supply chains and the potential financial repercussions. It highlights the competitive landscape of freight movement amidst labor negotiations and emphasizes the uncertainty that may affect retailers as they prepare for the holiday season. Additionally, the chapter discusses the Federal Reserve's stance on interest rates and economic growth in the context of recent data and market expectations.