Login
Sign Up
Woofun AI reports that Ark Invest founder Cathie Wood asserts US inflation has receded to 0.5% based on unit labor cost metrics. She attributes this decline to productivity growth, noting Q1 productivity rose 3% year-on-year against 3.5% wage growth, eliminating cost-push inflation. Real-time Truflation data supports this view, dropping from 11% in 2022 to 1.8%, with core figures at 1.4%. Wood also highlights Kevin Warsh’s understanding of these dynamics and his potential impact on monetary policy.