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CNN CNN This Morning June 4, 2024 13:36:00

Its confirmation of what weve been saying. producer price index, factory floor inflation, 6.2%. thats the slowest since march of 2021. when you look month to month, from november to december prices, wholesale prices fell 0.5%. when you look at the bar chart here, the trend is your friend, you can see how the price peak seems to be behind us. its still too high for the feds comfort. they want something around the 2% range. coming back down the earth there. its a double whammy this morning in news...
Factory Floor Inflation 6 2 March Of 2021 Bar Chart Price Peak 0 5

CNN CNN Newsroom June 4, 2024 14:24:00

Probably still be pretty robust. here is the conundrum for this fed, so many on wall street want to hear the fed want to say, okay, we dont need to be raising interest rates 75 basis points every time, we want to -- >> taper. >> -- cool down that pace. how do you cool down the pace of rate hikes when you have an economy growing at 2.9%. 2.9% for a quarter pre-pandemic would be the envy of any quarter of any president quite frankly. the fed has been raising interest rates to cool these numbers, t...
Interest Rates Basis Points Wall Street Rate Hikes Pre Pandemic 2 9

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CNN CNN Newsroom June 4, 2024 13:06:00

Screen the month over month from august to september prices rose hotter than expected 0.4%. so showing that the fed still has work to do. so month over month im going to show you this bar chart we got a little excited because it felt as though the worst might be behind us but this pick up in month over month inflation is something everyone will be closely watching even as overall inflation, producer price inflation looks like its it could be peaking. these are the numbers that come before consum...
Bar Chart 0 4 Producer Price Index United States Consumer Prices Pick Up

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