Tag: personal income and outlays
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August PCE Inflation Falls to 3.4% — But the Yardstick Changed
The August 2026 PCE inflation report came in cooler than forecast, but part of the drop is a BEA measurement change. Meanwhile, households spent far more than they earned. Here is what it means for prices, savings, and the Fed.
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Inflation Holds at 3.7% in July: What the Fed’s Favorite Price Gauge Says About Your Wallet
The Fed’s favorite inflation gauge ran hotter than expected in July as real spending stalled and payrolls fell. Here’s what the July 2026 PCE inflation report means for interest rates, prices, and your budget.