Inflation held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows

• The core personal consumption expenditures price index rose a seasonally adjusted 3% in February, the Commerce Department reported. The all-items headline inflation measure increased 2.8%.
• In addition to the inflation readings, the report also showed consumer spending up 0.5% on the month, while personal income fell 0.1%.

Source: https://www.cnbc.com/2026/04/09/core-inflation-was-3percent-in-february-as-expected-key-fed-gauge-shows.html