US Edition
Core inflation was 3% in February, as expected, key Fed gauge shows
The Commerce Department said core prices rose for a third straight month, keeping the Fed’s preferred inflation gauge above its 2% target.
- The personal consumption expenditures index rose 0.4% in February 2026 and increased 2.8% from a year ago, matching economists' expectations.
- Core PCE inflation, which excludes food and energy prices, was up 0.4% monthly and increased 3% year over year in February 2026.
- The Federal Reserve uses the PCE index to monitor inflation as it aims to reduce it to a 2% target and considers core PCE a better measure of inflation than the headline figure.
- Consumers continue facing elevated price growth as the Fed's preferred inflation gauge remains stubbornly high in February 2026.
79 Articles
79 Articles
Omaha World-Herald
Key US inflation gauge elevated in February
WASHINGTON — A key measure of inflation stayed high in February, before the war in Iran spiked gas prices, a sign that everyday costs were elevated even before the conflict began.
Madrid. The U.S. personal consumption spending price index, the statistics chosen by the Federal Reserve (Fed) to monitor inflation, increased by 2.8% year-on-year in February, the same figure as the previous month, although it still does not reflect the consequences of the conflict in the Middle East unleashed on 28 February. The underlying inflation figure, which excludes food and energy prices from its calculation due to its greater volatilit…
February inflation data shows more of the same
The personal consumption expenditures report, which is the Fed’s preferred measure of inflation, showed costs rose 2.8% year-over-year in Feburary. That’s above the target, but never fear: Resilient consumers keep on spending, despite rising prices. What’ll it take to shake things up? Also in this episode: A war-driven plastic shortage costs U.S. manufacturers, we give that GDP revision some context, and Kai visits a nuclear reactor.Every story …
Core inflation holds at 3% in February, Fed gauge shows
Core inflation held above the Federal Reserve’s target before the recent surge in energy prices, according to a key gauge released Thursday that offers the central bank 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...
Coverage Details
Bias Distribution
- 64% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
