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Federal Reserve Faces Persistent Inflation as PCE Data Exceeds Target
On March 13, 2026, the Bureau of Economic Analysis published personal consumption expenditures (PCE) figures for January. This metric serves as the Federal Reserve’s primary gauge for measuring inflationary pressures. The core PCE measure, excluding volatile food and fuel components, climbed 3.1% compared to the same period last year. This figure aligned with analyst projections while accelerating from December’s 3.0% reading. The monthly increase registered 0.4%, also conforming to forecasts. Overall PCE inflation — encompassing all consumer goods and services — advanced 2.8% on a yearly basis. This ... (full story)
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From cnbc.com | Mar 13, 2026
Economic growth was much slower than expected in the final three months of 2025 while core inflation rose to start 2026, the Commerce Department reported Friday. Gross domestic product, a measure of all the goods and services produced across the sprawling U.S. economy, rose at a seasonally and inflation-adjusted annual rate of just 0.7% in the fourth ...
Personal income increased $113.8 billion (0.4 percent at a monthly rate) in January, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)personal income less personal current taxesincreased $219.9 billion (0.9 percent), and personal consumption expenditures (PCE) increased $81.1 billion (0.4 ...