On October 24, 2022, AAEA has written the analyses on the inflation, labor market and Fed policy efforts to tame the inflation. Approximately 8 months later, our analyses are correctly confirmed by the market where, at one point, the DOW gains more than 600 points. The results of our data analyses are confirmed by the facts. The real world data published today, June second show that despite Fed flurries interest rate hikes, it is confirmed that the effects on the labor market is minimal, less than what the policy maker has anticipated from the simulation model. Today’s announcement also confirmed strongly the Association’s analyses written on the same date eight months ago. The bottom line is that folks prefer to pay a bit more on their groceries, but are employed. Rather than, lower inflation, but without jobs.