CNBC Discusses PCE Estimates and AI Debt Financing
What happened
Joe Kernen appeared on CNBC's 'Squawk Box' on October 28, 2026. The broadcast reviewed the three major averages posting a third consecutive winning day and outlined upcoming economic indicators, including initial jobless claims and Personal Consumption Expenditures price index (PCE) estimates. During the show, Treasury Secretary Scott Bessent discussed financing and AI debt.
From cnbc.com
Why it matters
The program covered consensus estimates for key economic metrics, such as a projected 0.5% gain in the PCE price index year over year. Discussions regarding AI debt and how companies are financing through equity were also featured.
From cnbc.com
Who's involved
- CNBCAmerican business news television channel that hosted the discussion
- Joe KernenAmerican television presenter who was a guest on the program
- Scott BessentUnited States Secretary of the Treasury who spoke on financing and AI debt
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The entities involved
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CNBC
American basic cable and satellite business news television channel
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Joe Kernen
American television presenter
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