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Transcripts for CNN CNN Newsroom Live 20240604 07:32:00

the asian markets you can see that the nikkei and shanghai are down, the hang saying slightly up right now. cnn s clare sebastian joins me from london with more. and clare, some of those chenille and who said a recession in the u.s. is not inevitable. what needs to happen to ensure we do not see a recession here. that is a tricky, one needs to happen is that the fed needs to hit a sweet, spot essentially between bringing down inflation which and isn t peaking based on the latest numbers and maintaining a strong labor market. the labor market is extremely strong in the united states, but right now with the market is worried about is that the fed won t be able to do that. aggressively bringing that, inflation they will accidentally tipped the u.s. economy into a recession. we are expected to hear from jerome powell later this week, you will to testify on capitol hill. have a listen i want jen yellen

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