CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell June 4, 2024 18:40:00
Year for the rapid clip we had. that's consistent with the transition to a stable, steady growth and lower inflation. there are going to be a lot of chatter today on wall street and among pundits about whether we are in a recession. if you look at our job market, consumer spending, business investment, we see signs of economic progress in the second quarter as well. yesterday's fair chairman, fed chairman powell said, made it clear, he doesn't think the u.s. economy is currently in a recession. he said, quote, there are two areas of economic where the economy is performing too well. too well, ...