Here's your summary from US PCE Report Preview: What to Watch for (https://www.youtube.com/watch?v=9L67-WbgfHw) on the Bloomberg Television channel:

**TLDR:** The US PCE report preview suggests a slight move to the downside, potentially giving the Fed more confidence in falling inflation, with a focus on income, spending, and transportation costs.

1. Little change expected in PCE data, with a slight move to the downside, potentially boosting Fed confidence in falling inflation.

2. Focus on income and spending numbers, with potential impacts on retail sales and services spending.

3. Transportation costs may decrease slightly, but overall PCE trend still not meeting Fed's needs for action on inflation.

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