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Archive for June 2022

Mid-Year Commentary

Monthly Economic News

INVESTMENT COMMITTEE COMMENTARY June 2022 In June, CPI inflation rose by 1% to 8.5%, its highest level since 1981. Inflation expectations of consumers, measured by the University of Michigan, rose to a 14-year high. The Reuters/University of Michigan Consumer Sentiment Index dropped to its lowest level since 1980. Falling consumer sentiment contributed to plunging market…

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