The latest economic data showed inflation rose less than expected in May, which could change the Federal Reserve’s calculus on its next rate change as the central bank balances its dual mandate of stable prices and maximum employment.
AGF Investments chief US policy strategist, Greg Valliere, joins Morning Brief with Brad Smith and Madison Mills to discuss what he believes to be a tightening labor market.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
#yahoofinance #economy #inflation
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