CNN CNN Tonight June 4, 2024 04:23:00
Maybe it will be more difficult than we had anticipated to get inflation down further because there is so much demand for labor and there is still a lot of upward pressure on wages. we don't know yet. i think the fed would be happy to have inflation continue coming down with this level of job growth, but i am not sure that that's a bundle of outcomes that is available. so it is pos we will see higher rate hikes in the months ahead in response to these numbers. >> i do wonder, i mean, you heard president biden taking a kind of victory lap. i mean, there is no surprise why. these numbers were am...