Transcripts for CNN New Day Weekend 20240604 10:31:00 : vima

CNN New Day Weekend June 4, 2024 10:31:00

u.s. stocks rallying into the weekend friday as markets focused on solid earnings from apple and big oil, which eclipsed concerns about amazon's bottom line. >> yeah, but inflation is still riding at a 40-year high as the central bank wrestles to keep prices in check. cnn's alison kosik is focused the numbers. >> good morning, amara and boris. we're getting new clues where inflation is headed. new data shows prices are still uncomfortably high. the federal reserve's favorite inflation gauge shows inflation remaining sticky and rising in line with expectations of 6.2% ending in december. this comes as the fed consider another rate hike and as americans hit the polls for midterm elections, but the fed

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