US Core PCE Rises at Slowest Monthly Pace Since Late 2020

The video discusses recent economic data, highlighting a slight rise in monthly numbers and core figures. It covers GDP revisions and their impact on PCE numbers, noting a decrease in the core deflator. The Federal Reserve's progress is mentioned, with a focus on trade balance and inventory changes that could influence GDP growth.

What was the change in retail inventories mentioned?

What impact might the numbers discussed have on GDP?