CNN CNN This Morning June 4, 2024 10:07:00
Startups and crypto, which has been cooled, when you're getting the easy money out of the system, that could be working in the fed's favor. >> okay. so, we're going to get a few hours from now a really important inflation reading? >> the consumer price index. this is the last big reading on inflation, one of the last big readings before the fed meets. 6% for the year over year number. if you look at this chart here, you can see clearly consumer is peaking. the overall number has been moving in the right direction. but still much higher than the 2% number the fed would like to see. so, we'll be...