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Transcripts for CNN CNN Newsroom With Christi Paul and Boris Sanchez 20240604 14:11:00

the wild week and what could be coming next. reporter: good morning. great to see you. wow, a wild week of trading on wall street ending in a sea of red. it s a week that saw a swing to the upside where the dow jumped more than 900 points giving the index its best day of the year only to make a stunning reversal 24 hours later, plunging more than 1,000 points to have its worst day of the year. the whiplash even shocking hardened traders and analysts saying the action was not just volatile, it was violent. the moves came after the federal reserve decided to raise the key interest rate a half a percent to fight inflation. that s sitting at levels we haven t seen since the 1980s. prices of everything from gasoline to food to cars have jumped in the wake of pandemic shu shutdowns, supply chain issues, and the ongoing war in ukraine. the fed is right in the middle of a delicate dance to try get

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