[Analyst: Inflation Catching Up with Unemployment Rate, Fed May Be Behind the Curve] Jin10 News, June 5 – Brandywine Global Investment Management portfolio manager Chen Terui stated that strong non-farm payroll data indicates a recovering job market, and the Federal Reserve should focus on inflation issues. We are at a point where the inflation rate (almost) matches the unemployment rate (4.3% in May), and the Fed may already be behind the curve. Inflation swap contracts show that traders expect CPI to surpass 4.2% in July, then fall back to 3.8% in the first quarter.