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If the US jobless rate falls to 4.2% or below, it'll be in line or below the expected 4.2% CPI next week. That would be just 7th time since 1960 with inflation running close to or above the jobless rate: BofA's Michael Hartnett. Previous times this happened: '66, '73, '90, '00,
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Lisa Abramowicz
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If the US jobless rate falls to 4.2% or below, it'll be in line or below the expected 4.2% CPI next week. That would be just 7th time since 1960 with inflation running close to or above the jobless rate: BofA's Michael Hartnett. Previous times this happened: '66, '73, '90, '00, '08, '21.
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