Weekly Commentary | June 9, 2024 | EIM Tender Starts, MUI Conversion Approved/ Check Terms
Summary
The jobs report showed a massive split between the household survey and the establishment survey, leaving more questions than answers.
The labor market is loosening up, but not in freefall, as indicated by the declining job openings to unemployed ratios.
Disinflation remains intact but is slowing, and more than 50% of US CPI components are running …
