US Spending Drops on Cold Weather; Inflation Gauge Offers Relief
February 28, 2025
28 min
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4,608 of 5,353

February 28, 2025
US Spending Drops on Cold Weather; Inflation Gauge Offers Relief
0:00 / 28:18
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28:18This episodeUS Spending Drops on Cold Weather; Inflation Gauge Offers Relief
Summary
<p>Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. <br />Bloomberg News Economics Editor Molly Smith and Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey discuss US consumers unexpectedly reducing spending on goods like cars in January due to extreme winter weather and a slowdown in services. Cava CFO Tricia Tolivar and Bloomberg News Senior Editor Nina Trentmann talk about investment plans for the Mediterranean fast-casual restaurants. Katie Thomas, Lead at the Kearney Consumer Institute, discusses building consumer trust in an age of skepticism. And we Drive to the Close with Lauren Sanfilippo, Senior Investment Strategist for Merrill and Bank of America Private Bank.<br />Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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