Comment on A 'dangerous' inflation trend is taking place in America and it could signal the economy is overheating

A 'dangerous' inflation trend is taking place in America and it could signal the economy is overheating

J. Scott Applewhite/AP Images The labor market is tightening, with unemployment in May hitting the lowest level since 2000. Trump recently signed into law massive tax cuts and federal spending increases. The trend is raising risks of overheating, according to economists. The unemployment rate last month fell to the lowest level in 18 years at 3.8%, according to federal data out Friday.

 

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