What trend was observed in the savings rate in January?
BlackRock's Rieder Says U.S. Inflation Is 'Just Not That Scary'
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The video discusses various economic indicators, including personal spending, job market trends, and inflation. It highlights the impact of tax cuts on personal income and savings rates. The analysis covers market reactions to economic data and expectations for future inflation trends. The discussion also touches on the Federal Reserve's potential actions in response to these economic conditions.
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What is the expected trend for core PCE according to the text?
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