Bloomberg Intelligence
PCE Inflation Picks Up Ahead of Tariffs
Mar 28, 2025
Nathan Dean, a Senior Policy Analyst at Bloomberg Intelligence, dives into the complexities of tariffs and their looming impact on the economy. He discusses how recent PCE data indicates weaker consumer spending, a worrying sign for inflation. Dean highlights a shift in consumer behavior, particularly a notable reduction in spending on services. Additionally, he touches on political dynamics in Congress regarding budget resolutions, offering insights into how these factors interplay with economic challenges facing Americans.
23:04
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The PCE data indicates a surprising decline in consumer spending on services, highlighting the inflationary pressures faced by Americans amidst rising costs.
- The anticipated implementation of tariffs is prompting concerns in various industries, particularly the automotive sector, about potential changes to production costs and consumer pricing.
Deep dives
Enhanced Trading Support
The collaboration between Schwab and Ameritrade offers traders improved specialized support, including accessibility to a dedicated trade desk staffed by experienced professionals. Clients can obtain assistance at any time through various channels including phone, email, or in-platform chat, ensuring that they receive prompt responses to their trading inquiries. This level of service is designed to enhance the trading experience by providing tailored solutions, whether for complex trading issues or straightforward strategy evaluations. This comprehensive support system aims to empower traders to make informed decisions and trade more effectively.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
