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Inflation Approaching Jobless Rate of 4.3%, Fed May Be Falling Behind, Says Brandywine PM

2026-06-05 13:21:16

According to Brandywine Global Investment Management portfolio manager Tracy Chen, on June 5, inflation rates are nearly approaching the unemployment rate of 4.3% in May, and the Federal Reserve may have already fallen behind the curve. Traders expect July CPI to exceed 4.2%, according to inflation swap contracts, then decline to 3.8% in the first quarter.

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