Michael McKee

speaker
1,106 appearances 198 recordings 2 series first heard Aug 2025 last heard 15 Sep

Michael McKee’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
40 · Jan OctJan 26AprJulnow

Recordings per month over the last 12 months — 195 in all, peaking in Jan 2026 with 40.

Appearances

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That accounts for three quarters of the entire increase here.
The Iran war shows up in the data as higher prices for gasoline, truck and rail transportation and other goods boost the consumer price index by the most since 2022.
Gas will see the biggest move.
The average retail price tracked by AAA went from $2.98 a gallon on February 28th to $4.06 by the end of March.
That, in turn, raises the cost of goods delivered by truck and train.
Higher fertilizer costs may push up prices for fruits and vegetables.
All of it is forecast to raise the annual rate of inflation well above 3%, which is well above the Fed's 2% target.
Worse, even if a peace deal stops the fighting, it will take months before prices come down significantly.
Michael McKee, Bloomberg Radio.
The PCE price index for February comes in up four-tenths, which is as expected, but that's a rise from the prior month.
Three-tenths doesn't change the year-over-year number, 2.8%.
Core PCE up four-tenths as forecast, same as last month.
So we actually see the core PCE year-over-year number fall to 3% from 3.1%.
The PCE price index for February comes in up four-tenths, which is as expected, but that's a rise from the prior month.
Three-tenths doesn't change the year-over-year number, 2.8%.
Core PCE up four-tenths as forecast, same as last month.
So we actually see the core PCE year-over-year number fall to 3% from 3.1%.
It's important data for the Fed, but it is backward looking February data in terms of spending incomes and prices.
The PCE price index for February.
comes in up four-tenths, which is as expected, but that's a rise from the prior month.
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