Bloomberg Daybreak: US Edition cover image

Bloomberg Daybreak: US Edition

Instant Reaction: Inflation Data

Mar 29, 2024
Tom Porcelli, Chief US Economist at PGIM Fixed Income, and Wells Fargo Senior Economist Sarah House discuss the latest PCE data and its impact on Fed rate cuts. They analyze inflation trends, consumer spending behavior, and implications for the market. Dive deep into the nuances of inflation management and market expectations.
29:40

Podcast summary created with Snipd AI

Quick takeaways

  • Mixed inflation picture with 2.8% year-over-year increase, impacting Federal Reserve's rate decisions.
  • NetSuite by Oracle offers cloud financial system, reducing IT costs for over 37,000 companies.

Deep dives

Annual Disney Shareholders Meeting Details

Disney's annual meeting of shareholders is scheduled for April 3. Disney urges shareholders to vote for its nominees by April 2. Electronic or mail-in voting options are available at VoteDisney.com.

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