bloomberg's kristine aquino joins us now. if you stick between that gap between jobs data and wage inflation and ism data, what are traitors listening to more? does the reaction stick? website think the some of today's data confirms the u.s. economy is on the path to a soft landing. we are seeing labor market cooling despite the headline on the non-foreign payrolls number. the rest of the details in the report indicate a rapidly cooling labor market according to our bloomberg economics chief correspondent anna wong and her team. they are still seeing signs of cooling in that market. it is enough to push the fed to start cutting rates probably, still seen her rather than later. in terms of market expectation as well, march is a bit of a live meeting now, but may is definitely still on the table. overall in 2024 we still see five rate cuts in terms of 25 basis point cuts. amber: the markets are treating it as a wash because of conflicting data points. it could come down to cpi next week. we expect a little pickup in inflation.

really appreciate it, kristine aquino and tatiana darie, both from bloomberg mliv. stephanie guild will be joining us next. this is bloomberg. ♪ >> next week, bloomberg is live at the world economic forum annual meeting in davos, switzerland. as markets anticipated, policymakers grapple with two wars on the global stage, and ai continues to dominate to take headlines. trust bloomberg with the analysis of the world's top leaders and experts. coverage begins next week only on bloomberg television and radio. >> these are items i think are big this week. >> cpi coming up this week. >> cpi number could be influential on the market pricing on rates. >> could we get a slightly acceleration? >> the fed wants to put. that inflation genie back in the bottle. >> many to recall inflation. >> are there strong numbers we have seen in terms of performance number is >> going to hold up? >>we are expecting a slowdown in growth. >> the economy on the health of the consumer. >> the backdrop of geopolitics as well. >> we have tensions not spilling over into crude prices. >> with got co