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Leading digital payments and financial services company Paytm on Monday announced its business operating...

What would you say to them? >> i would explain to people more broadly that inflation is extremely high and it's hurting the working people of this country badly, all of them, not just 2 million of them, but all of them are suffering under high inflation and we are taking the only measures we have to bring inflation down. >> i mean, he's basically saying the biggest problem for workers is inflation. >> yeah. >> senator warren is saying, hey, but as you raise rates are you going to kill the job market in effect. a lot of people will lose their jobs. does anybody have confidence the fed is going ...

Anything too firmly, you know, really sort of walking everything back on to the table but not declaring what they will do, is we do have the two numbers, the jobs report and big inflation report next week before their next meeting on march 22. and so if you are chair powell thinking about how to position ahead of that meeting, you are probably hesitant to say anything too say too much. and so without commit to it so tirmly that they are obligated. >> yeah, inflation is down since the last time he spoke before congress. but 6.4% is still way abovetarg. and then there is the other crisis where y...

A little bit, they are course correcting, if you will. so you're seeing some layoffs across the board there. broadly, though, more broadly, outside of tech and a little bit of banking and some in media, the job market does remain pretty strong. the trend seems to be that bosses want to keep their employees, they're afraid of laying off workers in general because they are' having such a hard time finding workers. >> the question for meta is this cyclical or something more to their core business? all right. other news, jerome powell will speak today, they will be asking him questions about dir...

All right. your romans numeral this morning. 2, 2% is the fed's target inflation rate. right now it's 6.4 annually, though. the feds' painful rate hikes over the year is to cool that economy to the target of 2%. the fed fourls think inflation could stay subornly high until the job market starts to simmer down. right now, the job market is boiling hot. friday, four days from today, we'll find out if the labor market is still cooking with gas. it will be critical for the markets. looking at markets around the world, asian shares opposed mix. europe, mixed. wall street, stock futures mixed here. ...