Bloomberg Intelligence Instant Reaction: Inflation Data
Mar 29, 2024
Economists Tom Porcelli and Sarah House react to the latest PCE data, discussing personal spending exceeding forecasts, implications on inflation rates, challenges in achieving the 2% PCE target, Chairman Powell's stance on inflation, services sector improvements, and analysis of hiring data and market reactions.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 2min
Analyzing the Latest Inflation Data
02:13 • 14min
Chairman Powell's Inflation Messaging and Challenges Ahead
15:46 • 10min
Analysis of February Hiring Data and Market Reactions
25:50 • 2min
Speculation on Chairman Pal's Response to Inflation Data
27:36 • 2min
Challenges of Bringing Inflation Down to 2% Target - PCE Data Analysis
29:13 • 2min