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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NPD's Cohen: Department Stores Must Change Their Game (Audio)

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Bermuda Premier Dunkley: 'We Won't Let You Hide Things' (Audio)

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Saut Discusses Exercising Patience in Investing (Audio)

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Novak on Culture of Recognition (Audio)

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Teucrium's Gilbertie Sees Continued Strength in Corn (Audio)

Teucrium's Gilbertie Sees Continued Strength in Corn (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Sal Gilbertie, President and Founder of Teucrium Trading LLC—which trades corn, wheat, soybeans, sugar – on the jump in soybeans and corn prices, and an update on other agricultural commodities.See omnystudio.com/listener for privacy information.

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GlobalReach's Mulhall on BOE, Sees Further GPB Strength (Audio)

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Desh Deshpande: Boston is Blessed With Problem Solvers (Audio)

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