DailyHum Logo
Wells Fargo CEO says supply chains 'will get solved' in '6-to-12 months'
Oct 24, 2021 | Yahoo Finance
Picture - Wells Fargo CEO says supply chains 'will get solved' in '6-to-12 months'

The situation in which employers find it hard to hire and the supply chain crisis forces businesses to hike prices is likely to persist for at least 6 to 12 months, one bank chief said.

"The realities of things like... wage pressures... supply chain pressures... all these things are going to continue to contribute to this wage inflation that we're seeing," Wells Fargo CEO and President Charles Scharf told Yahoo Finance's Andy Serwer at the annual Milken Institute Global Conference.

Sponsored
Dec 03, 2021 | Yahoo Finance
Market recap: Friday, Dec. 3
Making the holidays meaningful
Dec 04, 2021 | A Luxury Travel Blog
Travel
The 5 best family resorts in the Maldives
19 hours ago | A Luxury Travel Blog
Travel