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The Blockbuster Jobs Report Should End All Doubts About the Economy

The surprising strong jobs report for January left investors stunned by the resilience of the U.S. economy. It should end talk of recession and quick Fed easing.

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Transcripts for CNN Inside Politics With John King 20240604 16:14:00

moment in time where mike pence decided to send a lawyer to his home in indiana and look to see if he had any federal records in january as well that he needed to get back in the hands of the federal government, and they found some. they found about a doszzen. very soon after the justice department was called, they picked up those documents, recovered them. pence said that mistakes were made. he was taking responsibility. he was being cooperative. they were getting those back into the hands of the federal government and now the justice department, just a few months later, is saying there will be no criminal charges whatsoever. this investigation is over. john? over. katelyn, appreciate that reporting too. very important point you made, the context and how different it is, the size, the scope and how they got there with the former president of the united states. up next, president biden delivers his first oval office address with a blockbuster jobs report and a big debt ceiling deal

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Transcripts for CNN CNN This Morning 20240604 13:12:00

tickets are going for, reselling for hundreds of dollars. in the way, way back, if you want to sit courtside, tens of thousands of dollars, up to $75,000 just for the chance to see lebron make history against a non-playoff team at this point. people are coming to see the king again potentially make history. all right. omar, we ll be there watching. poppy will be watching. thank you. coming up after a blockbuster jobs report should be reorder about a recession? next, we are squoind by one of the fed presidents. neel kashkari is here. are you ready for me are you ready are you readyy (cecily) what s up, einstein? (einstein) my network has gone kaput! (cecily) you tried to save a buck on it? (einstein) not so smart. (cecily) well, there is a smarter way to save. (cecily)stn) switch to verizon!

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Transcripts for CNN CNN Newsroom 20240604 18:47:00

fed s smallest interest rate hike since march. that most recent hike suggests that the fed likes the progress, in the fight against inflation, but and this is a big but, there s a stunning number. the blockbuster jobs report that saw 517,000 jobs created in january, and that could potentially create a real haake for the fed. here s what powell just said moments ago. we didn t expect it to be this strong but i would say it kind of shows you why we think that this will be a process that takes a significant period of time. all right. let s sort all of this out with justin wilford. he s a professor of economics and public policy at the university of michigan. so, justin, when the head of federal reserve speaks, marketing listen. did they hear what they were looking for today? so, it s important that your viewers understand what s good for them is something that

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Transcripts for CNN Inside Politics With Abby Phillip 20240604 13:01:00

shot down. the u.s. destroys the suspected chinese spy balloon that triggered a diplomatic crisis. the presence of this surveillance balloon is a clear violation of u.s. sovereignty and international law. what s the fallout for the critical u.s. relationship with china? plus, the president gears up for re-election. four more years. four more years. and trumpets a blockbuster jobs report. the biden economic plan is working. can biden convince voters that the economy is back on track? donald trump unloads on his would-be primary rivals. ron desantis got elected because of me. nikki suffers from something that s a very tough thing. she s overly ambitious. as the 2024 field takes shape, are they ready for the attacks coming their way? welcome to in inside polit

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