This aerial view shows the collapsed Francis Scott Key Bridge lying on top of the container ship Dali in Baltimore, Maryland, on March 31, 2024, as clean-up work begins. – (Photo by DANIEL SLIM / AFP)
WASHINGTON – The collapse of a major bridge in Baltimore could pose some additional risks for the US economy due to the impact on shipping networks that appear to be adapting following the incident, US Federal Reserve Board Governor Adriana Kugler said in her remarks at Washington University in St. Louis.
“I am attentive to risks-both upside risks to my inflation outlook and downside risks to the outlook for economic activity. For upside risks, global developments such as the wars in Europe and the Middle East could spark an increase in commodity prices or further disruptions to shipping networks.
“The tragic recent bridge collapse in Baltimore and effects on the Port of Baltimore…
