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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Joel Stern Says Fed Raising Rates Will Cause a Recession(Audio)

Joel Stern Says Fed Raising Rates Will Cause a Recession(Audio)

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

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

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. Guest: Bloomberg stocks editor David Wilson on today's market winners, losers, Stock of the Day: Wayfair (W).See omnystudio.com/listener for privacy information.

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Motley Fool's Barker on Stocks: Likes Tractor Supply (Audio)

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Direct Lending's Ross on LendingClub's Loan Sale Abuse (Audio)

Direct Lending's Ross on LendingClub's Loan Sale Abuse (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Brendan Ross, Founder and CEO of Direct Lending Investments, LLC, on LendingClub plunging after findings of loan-sale abuse, and a look at the lending landscape.See omnystudio.com/listener for privacy information.

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Bloomberg's Papadopolous on Derby Winning Horse Nyquist (Audio)

Bloomberg's Papadopolous on Derby Winning Horse Nyquist (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: David Papadopolous, Managing Editor for Bloomberg News, recaps this year's Kentucky Derby and outlook for the winning horse, Nyquist.See omnystudio.com/listener for privacy information.

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Bloomberg's Halen on JAB Holding Buying Krispy Kreme (Audio)

Bloomberg's Halen on JAB Holding Buying Krispy Kreme (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010GUEST:\u0010Michael Halen, Senior Restaurant analyst for Bloomberg Intelligence, on Krispy Kreme being bought by JAB Holding for $21 a share.See omnystudio.com/listener for privacy information.

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David McCourt on Trends Impacting the Telecom Industry (Audio)

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(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: David McCourt, Chairman and CEO of Granahan McCourt Capital, on the telecommunications landscape and the three biggest trends that will impact today’s telecom industries.See omnystudio.com/listener for privacy information.

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Logic's O'Neill: Global Oil Demand is Underestimated (Audio)

Logic's O'Neill: Global Oil Demand is Underestimated (Audio)

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