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CNN Early Start With Christine Romans June 4, 2024 09:52:00

Mortgage rates fell slightly this week, average 30 year fixed now at 6.6%. and on inflation watch, gas prices held steady overnight at $3.46 a gallon. consumer sentiment data from the university of michigan is due out later this morning to cap off a very busy week for your money. lets bring in john lear from morning consult. credit suisse accepted a loan from the central bank. you have big banks in the u.s. who swooped into help first republic. crisis averted here? >> in the near term crisis is ...
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CNN Early Start With Christine Romans June 4, 2024 09:55:00

Sometimes fundamentals are one thing, but fear is something else in the banking world all together, so i think that is one of the reasons why you saw the big banks step in with all that money for first republic. john lear, nice to see you. have a great weekend. and next, putin and xi, the big meeting in moscow just announced. and something new from taylor swift. โ™ช โ™ช the one ive fallen for โ™ช try boost glucose controlยฎ. its clinically shown to help manage blood sugar levels and contains...
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CNN Early Start With Christine Romans June 4, 2024 10:51:00

Certainly at the next meeting, something that i think that i guess id disagree with how markets respond to powells recent conference. i think that he remains fairly hawkish and there are some room to go to devote inflation back under control. >> john, nice to see you. have a great weekend. and were counting down to super bowl lvii. this year the chiefs and eagles. brianna at halftime. cheaper prices for your party spread? fact check truth. what good deals to know about? >> so im a little disap...
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CNN Early Start With Christine Romans June 4, 2024 10:48:00

3.6%. in a few hours the department of labor will release that jobs report, a key measure of inflation that well be looking for in the page part of that report. lets bring in john lear. what are you expecting? >> yeah, im expecting job growth to be very robust despite all the headlines that weve been reading about layoffs in the tech sector and i think that it is a testament to how tight the job market is and how rapidly folks have been reabsorbed in other sectors. >> and 11 million jobs are u...
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CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:42:00

Something like lee slur and hospitality, they are still short of where they were pry pandemic. all that takes time and on top of that, ill say while things in the u.s. look reasonably stable, the world right now is going through a tumultuous time. youre reurope in a recession, showing signs. so hard to say that the u.s. will emerge unscathed. >> john, thank you so much and have a great rest of your day. >> my pleasure. thank you. and looking at markets around the world, asia closed mixed. hong...
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CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:38:00

Washington, but wyoming is the power center in the global economy. jerome powell will give his annual speech in jackson hole. afte and it was a year ago natthat t fed chief said this. >> it is largely the product of a narrow group of goods and services direct lie detector aff afly affected by the pandemic. and we expect them to be transitory. >> remember transitory? turns out that was wrong. so how will the fed be? lets bring in john lear. it was a year ago that we had -- convention alleal wisdo...
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