CNBC Daily Open: Beware the real shrinkflation June 8, 2023 Economies are shrinking while inflation — and interest rates — remain high. Source: CNBC Daily Open: Beware the real shrinkflation Updated: June 8, 2023 at 11:41 pm ◀ Three historical shipwrecks uncovered in the Mediterranean – CNN Saudi crown prince threatened ‘major’ economic pain on U.S. amid oil feud ▶