PCE inflation spike concerns

The Senate passed a bipartisan bill yesterday that aims to take on housing affordability by increasing the housing supply and cutting red tape. But it has a tough road ahead in the House and possibly the White House. This morning, we'll dig in. Also on the show: GDP growth was revised down to just 0.7%. Plus, China's latest five-year plan aims to transform the country into a tech-driven global power, while boosting domestic demand.