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US Personal Income and Outlays, February 2026
Personal income decreased $18.2 billion (0.1 percent at a monthly rate) in February, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—decreased $18.3 billion (0.1 percent), and personal consumption expenditures (PCE) increased $103.2 billion (0.5 percent). This report for February 2026, originally scheduled for March 27, 2026, was rescheduled due to the October–November 2025 government shutdown. Personal outlays—the sum of PCE, personal interest payments, and personal current transfer ... (full story)
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Core inflation was 3% in February, as expected, key Fed gauge shows
Core inflation eased slightly in February before the recent surge in energy prices, according to a key gauge released Thursday that offers the Federal Reserve a snapshot of conditions leading into the Iran war. The core personal consumption expenditures price index, which excludes food and energy, rose a seasonally adjusted 3% in February, the Commerce Department reported. The all-items headline inflation measure increased 2.8%. Both readings were in line with the Dow Jones consensus. The core annual inflation rate was 0.1 percentage point lower than in January while headline was unchanged. On a monthly basis, both ... (full story)