Analysis: As Houthi Red Sea attacks strangle supply chains, are we facing pandemic-era inflation?

The end of year optimism that the worst of inflation was over and interest rates would fall sooner rather than later is fast fading while the attacks on ships in the Red Sea have raised further concern in that regard.

Attacks by Houthi rebels on commercial ships in the Red Sea show no signs of abating with a commodity-carrying Greek ship struck last Tuesday following an attack on a US vessel on Monday.

Houthi militants ...