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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…
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