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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Silvercrest's Chovanec: China's Fundamentals Still Poor (Audio)

Silvercrest's Chovanec: China's Fundamentals Still Poor (Audio)

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Bloomberg's Bain on Cuervo Planning a $1 Billion IPO (Audio)

Bloomberg's Bain on Cuervo Planning a $1 Billion IPO (Audio)

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Bloomberg's Tynan on VW and the Future of Diesel in Cars(Audio)

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31 Maj 201611min

Conference Board's Franco: Consumers Are Still Cautious (Audio)

Conference Board's Franco: Consumers Are Still Cautious (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Lynn Franco, Director of Economic Indicators of the Conference Board, with an overview of their May CCI (Consumer Confidence Index) report.See omnystudio.com/listener for privacy information.

31 Maj 20168min

Eurasia's Seaman: Abe Will Stop Consumption Tax Passage (Audio)

Eurasia's Seaman: Abe Will Stop Consumption Tax Passage (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Scott Seaman, Senior Analyst, Asia, at Eurasia Group, on Obama's historic Hiroshima visit and G7-related issues.See omnystudio.com/listener for privacy information.

27 Maj 20168min

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, and Stock of the Day: Vivint Solar (VSLR).See omnystudio.com/listener for privacy information.

27 Maj 201612min

Mainstay's Kudla Favors Tech in a Rate Hike Environment (Audio)

Mainstay's Kudla Favors Tech in a Rate Hike Environment (Audio)

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Skyler's Wahlgren on Anti-Aging Neuropeptide Skin Care (Audio)

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