Kyle Risdahl
👤 SpeakerAppearances Over Time
Podcast Appearances
Rachel Siegel's at The Washington Post.
All right, so on the theory that you two have been listening diligently along to our discussion of tariffs in the preceding 19 and a half minutes, Gora, you get to go first.
Here's a freebie and a softball.
And let me apologize to listeners in advance.
Rachel Siegel, same question to you.
Quick thoughts or eight-hour-old thoughts, whatever it is.
So, David, let's get into the data that came out today.
PCE, which is, repeat after me, the Fed's preferred measure of inflation, came in today.
I was going to jump in and say it.
I beat you to it, pal.
I know there's a lag on the line, but you've been around long enough.
You've got to know it's coming.
Came in today at 3%, the core number.
What do we do with that?
Inflation's going the wrong way.