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Inflation Moderates and Personal Income Rises, Impacting Stock Market and Fed Gauge.

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Source: Seeking Alpha
Inflation Moderates and Personal Income Rises, Impacting Stock Market and Fed Gauge.
Photo: Seeking Alpha
TL;DR

Personal income rose by 0.3% in February, while personal spending increased by 0.2%, according to the Bureau of Economic Analysis. Inflation slowed during the month, with the core PCE Index rising by 0.3%, down from 0.6% in January. The personal saving rate was 4.6% in February, up from 4.4% in January. The Y/Y increase in the core PCE Index remains more than double the Federal Reserve's goal of 2% inflation.

Topics:businesseconomics#economics#federal-reserve#inflation#pce-index#personal-income#personal-spending
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  1. Personal income rises more than spending; PCE inflation moderates to 5.0% Y/Y  Seeking Alpha
  2. Key Fed inflation gauge rose 0.3% in February, less than expected  CNBC
  3. Inflation Eases, S&P 500 Rally Continues Ahead Of Next Week's Critical Jobs Report - SPDR S&P 500 (ARCA:SPY)  Benzinga
  4. Dow Jones Rises 150 Points On Cool Inflation Data; 6 Best Stocks To Buy And Watch  Investor's Business Daily
  5. STOCK MARKET NEWS: Fed’s inflation gauge, Social Security warning, EV credit changes  Fox Business

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