CNBC's Rick Santelli reports on the latest economic data to cross the tape.
Breakdown
- Personal income fell by 0.4%, the first decline since 2021. 20s
- Personal spending and real spending both declined, with real spending down 0.3%. 41s
- Core inflation rose to 2.7% year-over-year, above expectations and the Fed's target. 2m 13s
- Treasury yields moved significantly over the week, with a steepening yield curve. 2m 54s