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Cathie Wood: U.S. Underlying Inflation at 0.5% Amid 3% Productivity Growth

2026-06-24 16:17:40

According to BlockBeats, Ark Invest founder Cathie Wood stated on June 25 that underlying inflation could fall significantly. Measuring by unit labor costs, U.S. inflation has declined to 0.5% year-over-year. With first-quarter productivity growth at 3% and hourly compensation rising 3.5%, the fundamental inflation driver remains absent, Wood argued. Truflation, which tracks thousands of consumer goods and services, has dropped from 11% in 2022 to 1.8%, with core Truflation at 1.4%.

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