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.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 195 in all, peaking in Jan 2026 with 40.
Appearances
Bloomberg News Now · Stocks Fall at Open After GDP, Oil Holds on Iran Warning, More · 20 Feb 2026
podcast
But the big question is what happened with the government shutdown.
The BEA says the government shutdown cost one percentage point to GDP.
Now, the inflation numbers personal, the price index on a month over month basis up four tenths on a year over year basis.
It goes up from two point eight percent to two point nine percent.
So a rise in the headline, the core up four tenths and the core year over year.
is up to 3% from 2.8%.
That is something that does not look particularly good if the Fed wants to cut interest rates again.
But again, these are December numbers.
We've got the January CPI.
Next week, we get the January PPI.
Bloomberg News Now · US Amasses Forces Near Iran, Trump's Economic Agenda, More · 20 Feb 2026
podcast
Extraordinary early projections have come down, but the final Atlanta Fed GDP Now calculation is the economy expanded at a still very healthy 3% in the fourth quarter, much of that powered by construction of AI data centers around the country.
The data are a month late, delayed by the government shutdown, but they will cheer a White House anxious for some good economic news.
What will really matter to markets, however, will be the December income and spending numbers released for the first time on the same day as GDP.
The GDP calculations fell as the fourth quarter went on, so investors will be very interested in whether consumers cut back during the month.
The Fed, meanwhile, will be looking at the December PCE price indexes.
While consumer price growth slowed last month, PCE is forecast to come in a bit higher for the core.
That and stronger GDP growth would make it harder for the Fed to consider rate cuts anytime soon.
Michael McKee, Bloomberg Radio.
Extraordinary early projections have come down, but the final Atlanta Fed GDP now calculation is the economy expanded at a still very healthy 3% in the fourth quarter.
Much of that powered by construction of AI data centers around the country.
Showing 561–580 of 1,106 · page 29 of 56
← Previous
Next →