CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:44:00
Investors really liked what they heard from the federal reserve chair jerome powell. a 900 point relief rally on wall street. the market's best day in two years. it followed word of another half point short term interest rate hike, interest rates are rising, mark me words here, they will keep rising. the central bank is attempting to rein in inflation. and more half rate hikes are coming. right now, a check on s&p 500 futures, we showed you that before, they are leaning down a little bit after that big rally in the morning. or yesterday, rather. president biden says his administration's effort...