Tag: personal saving rate 2026
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Inflation Hit a 3-Year High in May — But Consumers Keep Spending
The Federal Reserve’s preferred inflation measure climbed to 4.1% in May 2026, its highest level since April 2023. Despite surging prices, Americans kept spending — though after adjusting for inflation, real gains were modest. Here’s what the numbers mean for your wallet and the Fed’s next move.
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April 2026 PCE Report: Americans Spent More, But Inflation Swallowed the Gains
Americans spent more in April 2026, but inflation consumed nearly all the gains. Real spending barely grew while real paychecks shrank and the saving rate hit a multi-year low. Here’s what BEA’s latest PCE report actually means for your wallet and the Fed’s next move.