Something rare is on the verge of occurring in the US economy:
SENT
0.01782
+4.70%
EPIC
0.659
+7.50%
WLD
0.6502
-1.81%
The gap between the US unemployment rate and headline CPI has narrowed to just 0.1 percentage points, the smallest since 2022.
This comes as inflation rose to 4.2% in May, the highest since April 2023.