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US stock futures (ES=F, NQ=F, YM=F) are slightly down Friday morning following the latest data on Personal Consumption Expenditures (PCE), the Federal Reserve’s preferred inflation gauge. Core PCE rose 0.4% month over month and 2.8% year over year, whereas economists had expected a 0.3% and 2.7% increase, respectively. Jefferies chief US economist Thomas Simons joins Morning Brief to discuss the data and its implications, noting that despite a slight miss in February's PCE data, inflation remains on a disinflationary trend. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/seri... #youtube #tariffs #stocks About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Get the latest news and data at finance.yahoo.com Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) Follow Yahoo Finance on social: X: / yahoofinance Instagram: https://www.instagram.com/yahoofinanc... TikTok: https://www.tiktok.com/@yahoofinance?... Facebook: / yahoofinance LinkedIn: / yahoo-finance