CNN CNN Newsroom June 4, 2024 19:45:00
There are more signs of waving confidence in the economy. a key index is almost down two full points from december. >> the federal reserve is now holding its first meeting of 2023 after sevens last year. but we have gotten some signs recently that maybe the fed is starting to get the upper hand here. we know inflation itself has cooled off. the jobs market remains sturdy. today we learned wages are slowing down a bit. so wages up by 1% in the fourth quarter. that was a slight slowdown from the third quarter, and year over year the growth stayed at 5%.