What indirect cost of the strike might cause another interest rate hike?

An indirect cost of the strike that could lead to another interest rate hike is the potential disruption to supply chains and productivity, which may contribute to inflationary pressures. Increased labor costs can also prompt businesses to raise prices, further fueling inflation. If inflation remains elevated, central banks may feel pressured to increase interest rates to stabilize the economy and control price rises, thereby impacting borrowing costs and overall economic growth.