Consumers Are 'Hanging in There,' Pimco's Wilding Says

The video discusses the deceleration in consumer consumption since the start of the year, influenced by factors like weather and holidays. It highlights consumer sensitivity to inflation, as seen in company earnings reports, though macro data shows robust inflation above the Fed's target. The video suggests that while consumers are enduring current prices, inflation remains stickier than expected.

What factors contributed to the strong consumption growth in the first quarter?

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How did warm weather in January affect consumption trends?

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Discuss the relationship between the labor market and consumer spending.

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What signs indicate that consumers are becoming more price sensitive?

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What are the expectations regarding inflation trends in the near future?

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