White House’s Jared Bernstein on PCE data

Jared Bernstein, Chairman of the White House Council of Economic Advisers, discusses the PCE, which posted the weakest increase this year, whether further progress on inflation will require a weakening in U.S. consumption, and shares his thoughts on employment ahead of the monthly jobs report next week. Jared speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s “Balance of Power.” ——– More from Bloomberg Television and Markets Like this video? Subscribe and turn on notifications to never miss a video from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news and analysis, up-to-the-minute market data, feature stories, profiles and more. Follow Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Follow Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: English: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source