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CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:46:00

Now $3.99, down nearly 70 crent in just over a month. and finally the hint that runaway inflation may have hit its peak giving consumers and the white house a reprieve. we re seeing a stronger labor market where jobs are booming and americans are working and we re seeing some signs that inflation may be beginning to moderate. another key inflation index will be released this morning, producer price index. factory level inflation is a key benchmark the fed uses to determine rising prices. new projections are expected to show a much slower pace of increase. this is one day after the cpi report revealed inflation growth is slowing surprising economists who had expected a little bit worse news. the ppi news is out at 8:30 a.m. eastern. want to bring in spencer j ....

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CNN CNN Newsroom With Ana Cabrera June 4, 2024 17:44:00

Prices rising? yeah. unfortunate, not good news today. this is the june ppi report, producer price index it s a factory level inflation. inflation that business owners and companies are experiencing.:amen higher than expected. 11.3% year-over-year. 1.1% over the last month. this on the heels of yesterday s report, cpi report. the reason this is important, is doesn t tend to get a lot of attention, but the reason why it is, because this number we see trickle-down to consumer prices a few months down the road. booties crunched the numbers. we talk a lot in percentages. booties crunched the numbers. what does this mean for the average family? almost $500 more for the same basket of items then a year ago. this is a real pain. when you look at where we are ....

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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell June 4, 2024 18:01:00

Into bear market territory yesterday. economists predict the fed will raise interest rates again in another attempt to battle rising inflation. cnn business correspondent solomon is here with me now. this ppi report, why should people at home care about this? what s it matter for us? it s interesting because ppi doesn t get as much attention as the consumer price index, but it s really important because it s factory level inflation, what producers are experiencing, and we know what companies are feeling, we ll likely see a few months down the line in terms of consumer prices. even though we did see slight moderation in categories like food, the topline number is troubling because we know after friday s report that there were no signs of moderation, that there were signs of acceleration in inflation and what we have now with this report is a sign perhaps of more pain to come down the road. okay. so, now, tomorrow, expecting this big announcement. on how much, by how much the fed wil ....

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CNN Early Start With Christine Romans and Laura Jarrett March 15, 2022 09:49:00

Lockdowns in china. worries that the lockdowns will amplify supply chain issues. the real story, folks, is oil. red hot oil prices cooling. closed factories need less fuel. u.s. crude tumbled as much as 8 bucks. bye-bye 100 bucks a barrel. down to $97 a barrel. that means lower prices for drivers in a week or so. the average gas price already falling here, down a penny from yesterday. also at play hopes for the russian/ukraine talks. putin s war has been sending energy prices soaring. to cool that inflation, interest rate hikes are coming. the federal reserve will raise interest rates for the first time since 2018. more inflation news today. that s what factory level inflation is, that comes out. they will sign a law to ....

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