CNN CNN Newsroom June 4, 2024 14:46:00
To taper interest rates. what's it mean? you're good at putting it in perspective for us. >> you look at the at the end of the year, 2.7% is still a healthy reading on the economy. it showed you that inventories grew, different companies and industries were buying stuff and building up inventories, that added strength to the economy. the consumer was strong. not as strong as the initial read but still strong headed into the end of the year. the fed has been raising interest rates to cool that down, right, so the strong economy and a strong job market doesn't spin off more inflation. i think yo...