PCE Inflation Picks Up Ahead of Tariffs

PCE Inflation Picks Up Ahead of Tariffs

Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

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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Bloomberg's Koons on Pfizer, Again's Kilduff on Oil  (Audio)

Bloomberg's Koons on Pfizer, Again's Kilduff on Oil (Audio)

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16 Touko 201611min

Elbow Beach Bermuda's Chef Serge Botelli (Correct)(Audio)

Elbow Beach Bermuda's Chef Serge Botelli (Correct)(Audio)

(Corrects spelling of guest name)\u0010 (Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010Guest:\u0010Executive Chef Serge Botelli, from Elbow Beach Bermuda, discusses the hotel and hospitality industry in Bermuda, and the art of cooking for celebrities- and queens.See omnystudio.com/listener for privacy information.

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76ers' O'Neil, StubHub's Cutler, on New Ads on Jerseys (Audio)

76ers' O'Neil, StubHub's Cutler, on New Ads on Jerseys (Audio)

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AMB's Cannon on Revenue Model for Mercedes-Benz Stadium (Audio)

AMB's Cannon on Revenue Model for Mercedes-Benz Stadium (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Steve Cannon, CEO of AMB Group and former CEO of Mercedes-Benz USA, on the new fan-focused Mercedes-Benz stadium in Atlanta-- and how they will be selling $2 soda and hot dogs.See omnystudio.com/listener for privacy information.

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Bermuda Tourism's Hanbury on Boon of America's Cup 2017 (Audio)

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(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Bill Hanbury, CEO of the Bermuda Tourism Authority, on the health of the industry and what's driving tourism in Bermuda. Broadcasting live from Elbow Beach Bermuda.See omnystudio.com/listener for privacy information.

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

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Russell Coutts on Improved Televising of America's Cup (Audio)

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(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. Guest: Sailing legend Sir Russell Coutts, CEO of the America's Cup Event Authority (ACEA), the organizing body for the 35th America's Cup, on the 2017 America's Cup in Bermuda.See omnystudio.com/listener for privacy information.

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Merlin's Obuchowski on AAPL: Not Impressed With Tim Cook(Audio)

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