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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Starburst's Espahbodi on Growing Investment in Aerospace(Audio)

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Senator Lieberman Advises Against Any Business With Iran(Audio)

Senator Lieberman Advises Against Any Business With Iran(Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Former Senator Joe Lieberman, Chairman of UANI-United Against Nuclear Iran, discusses why his organization is warning companies that re-entering the Iranian market is risky business.See omnystudio.com/listener for privacy information.

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DOL's Shierholz: Increase in Hours Offsets Job Growth (Audio)

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Predicteform's Zucker Favors Nyquist, Outwork for Derby (Audio)

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Ballotcraft's Jiang on Creating a Fantasy Politics Game (Audio)

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(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Dennis Jiang, CEO and Founder of Ballotcraft, a fantasy politics game founded by two Stanford grads, where thousands of players use fake money to buy "shares" in candidates.See omnystudio.com/listener for privacy information.

4 Touko 20168min

Roger McNamee Says Replace Alfalfa Fields With Marijuana(Audio)

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(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Roger McNamee, Founding Partner of venture capital firm, Elevation Partners, on Facebook and Apple, why the collapse of the unicorn bubble shouldn't worry investors, and the cannabis industry.See omnystudio.com/listener for privacy information.

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Lord Browne on 'The Glass Closet': Inclusion is the Key (Audio)

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(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Lord John Browne, executive chairman of L1 Energy and former CEO of BP, and author of "The Glass Closet" on the business embargo in North Carolina over its current anti-LGBT laws, and why it's good for companies to be LGBT friendly.See omnystudio.com/listener for privacy information.

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Morningstar's Wasiolek Says Priceline is Well Positioned(Audio)

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