June in Review: High Inflation Alongside a Strong Labor Market
July 15, 2022 at 15:12 PM EDT
The Consumer Price Index report of 9.1% for June came as a great surprise to many. It was higher than analyst expectations and a reflection of the uphill battle the Fed faces in bringing inflation down to tolerable levels. Despite the soaring inflation, the labor market demonstrated surprising growth according to David Berson, chief economist [...] The post June in Review: High Inflation Alongside a Strong Labor Market appeared first on ETF Trends .
