Job Growth Slows in June, Yellen's China Talks, Twitter Threatens Meta 7/7/23
Squawk on the Street
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The Importance of Supply on Inflation
We talked about the 4.4% annual wage growth. How much of a do you think is just kind of a catch up because for so long, the supply was constrained for autos. So now they're willing to pay higher financing in order to obtain a vehicle. Although it's the supply on new that's taking the pressure off used,. And that's supposed to be a better story for CPI.
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