Rising trade barriers. Aging populations. A broad transition from carbon-spewing fossil fuels to renewable energy. File – Apple CEO Tim Cook speaks at the Taiwan Semiconductor Manufacturing Company facility under construction in Phoenix, on Dec. 6, 2022. Multinational corporations are seeking to produce more items – especially semiconductors – in the United States. Apple will use chips made at the facility. (AP Photo) The prevalence of such trends across the world could intensify global inflation pressures in the coming years and make it harder for the Federal Reserve and other central banks to meet their inflation targets. That concern was a theme sounded in several high-profile spe
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