PCE Inflation Picks Up Ahead of Tariffs

PCE Inflation Picks Up Ahead of Tariffs

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Bloomberg Intelligence hosted by Paul Sweeney and Norah Mulinda

Today’s Podcast Features are:

- Michael McKee, Bloomberg International Economics and Policy Correspondent, on Friday's PCE data. Consumer spending was weaker than expected again in February while a key inflation metric picked up, in a double whammy for the economy before the brunt of tariffs. Inflation-adjusted consumer spending edged up 0.1%, on the low end of economists’ estimates, after a slump January that analysts mostly blamed on bad weather. Notably in February, Americans reduced spending on services for the first time in three years in the face of higher prices — including on dining out.

- Nathan Dean, Bloomberg Intelligence Senior Policy Analyst, on tariffs, DOGE, and the Senate voting on a budget resolution.

- Kirsten Fontenrose, President of Red Six International, speaks on Europe's defense spending. The European Commission is urging members to raise military budgets to 3% of gross domestic product and issue joint debt to fund weapons purchases — moves that could unlock more than €800 billion ($867 billion) in additional spending over four years. Plus Gazans protesting against Hamas.

See omnystudio.com/listener for privacy information.

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Talking Rain's Klock: Sparkling Ice's Exponential Growth(Audio)

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Giftagram's Reid on Father's Day Outlook, Funding Round (Audio)

Giftagram's Reid on Father's Day Outlook, Funding Round (Audio)

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Bloomberg's Rana on Microsoft, Talev on Clinton, Orlando(Audio)

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Broadway Vet Rudy on Hamilton's Success at The Tonys (Audio)

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Prestige Lamborghini Super Trofeo Series Racing Drivers (Audio)

Prestige Lamborghini Super Trofeo Series Racing Drivers (Audio)

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Element Pointe's Dominguez: Market Overvalued (Correct)(Audio)

Element Pointe's Dominguez: Market Overvalued (Correct)(Audio)

(Corrects spelling of firm name)\u0010 (Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010GUEST:\u0010Carlos Dominguez, Co-Founder, President and CIO of Element Pointe Advisors, on the markets and investment strategy.See omnystudio.com/listener for privacy information.

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Harvard's Karen Mills: Small Businesses Feeling Cautious(Audio)

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Bloomberg's Wilson on Winners, Losers, Stock of the Day (Audio)

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