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—The supply chain kinks that caused shortages coming out of the pandemic got unsnarled.

But Fed Chair Jerome Powell suggested that higher inflation was likely “transitory’’ and would ease once global supply chain bottlenecks unsnarled.

Many supply chains have also unsnarled, helping reduce the costs of imported goods and parts.

Many supply chains have unsnarled, helping lower the costs of imported goods and parts.

Except for automakers, which are still struggling to acquire the computer chips they need, supply chain disruptions have largely unsnarled.