Latest / Markets with Megan: A Quick Financial Markets Update
Pre-War Inflation Was Heating Up | S3 E137 | 04-09-26
Was inflation already becoming a bigger problem before the war with Iran? In today’s Markets with Megan, Megan Horneman breaks down the latest personal income, spending, and core PCE inflation data to show what the economy looked like before the latest geopolitical shock hit energy markets.
The takeaway: inflation was already proving sticky, and consumers were already feeling the squeeze.
In this episode, Megan covers:
Why real personal spending has been muted for months
What falling income and a lower savings rate may signal for the consumer
Why core PCE remains well above the Fed’s 2%…
The skinny
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