Bloomberg Intelligence
Core PCE Rises at Mild Pace
Jul 26, 2024
Lauren Saidel-Baker, an economist from ITR Economics, discusses the latest U.S. PCE data and its implications for the economy. Tom Schoenberg tackles the accusations against short-seller Andrew Left, exploring the legal ramifications. Steven Major sheds light on bond market dynamics amid rising yields. Nathan Dean analyzes the aura surrounding Kamala Harris’s presidential campaign, weighing political strategies against economic conditions. Each guest brings unique insights, connecting finance and politics in a fascinating discussion.
37:02
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Quick takeaways
- The stable U.S. economic outlook, influenced by slight increases in personal income and spending, complicates Federal Reserve interest rate decisions.
- The SEC's legal action against Andrew Left emphasizes heightened scrutiny of short sellers and the need for greater transparency in financial markets.
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