Detailed text transcripts for TV channel - CNN - 20210614:09:35:00
In may, so-called core inflation, leaving out volatile food and gas, rose at the fastest pace since 1992. yet investors and the federal reserve are shrugging off rising inflation as transitory. it means temporary. goldman sachs said three factors are driving prices here and they are temporary. demand will level out. the computer chip shortage will rebound. low-wage workers will go back to work over time and when those extended employee benefits end, higher wages will likely help -- we told you about wage hikes. look at this. a new york fed found a minimum salary workers without a college degre...