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Is the US Consumer's Resilience Starting to Crack? | Presented by CME Group
Bloomberg Television·2025-06-18 18:46

As of June 2025, the US economy continues to defy some expectations as the labor market shows some strength even with inflation moderating. The latest jobs report on June 6th showed non-farm payrolls grew by 139,000 in May. This surpassed the forecast of 125,000 jobs, while the unemployment rate held steady at 4.2%.Meanwhile, the most recent CPI report on the 11th showed inflation below expectations at 2.4% year-over-year in May with core steady at 2.8%. Earlier worries that tariffs was going to at the same ...