In today's episode of Markets with Megan, Megan Horneman looks into the highly anticipated Personal Consumption Expenditure Report, breaking down crucial details on personal income, spending, and inflation. She discusses the PCE Core deflator, the Fed's preferred inflation gauge, highlighting its significance in comparison to the CPI index. Megan covers the unexpected rise in personal income, the more subdued personal spending, and the consequent increase in the personal savings rate. looking into the inflation data, where goods prices experienced deflation, but services inflation remains a concern for the Fed. Stay tuned tomorrow for updates on the market's current state. Feel free to reach out with any questions or comments at podcast at Verdence dot com.

Watch today's episode here: https://youtu.be/7oFbajqmYwg

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