CNN At This Hour With Kate Bolduan June 4, 2024 16:36:00
Is easing for the seventh straight month, but like everything with the economy, it is more than that, and christine romans is here to explain, and what does the report mean for the feds effort to calm down the inflation? >> i think it means that the fed's work is not done here, and you can expect them to raise the interest rates, and 6.4% is the annual inflation rate, and that is the improvement seven months in a row, and you saw it grow 7.5%, and shelt er is the reaso, because rent is record 8.4%. so if you have seen your rent increase, that is the reason there. and so the trend there, and th...