Energy costs drive 0.7% PCE surge, consumers burn through cash as savings rate falls to 3.6% and bills spike

Total Personal Outlays jump $195B in single month as utility and fuel bills spike…
Savings Rate craters to 3.6%; consumers “burning through” cash to maintain lifestyle…
Wall Street Reacts: Nasdaq futures drop 200 points on “Higher for Much Longer” reality…
Bond Market Carnage: 10-year Treasury yield breaches 4.85% as “Pivot” narrative dies…

Stats from today’s release (April 30, 2026) for March 2026:

Headline PCE Price Index: +0.7% month-over-month (biggest jump in a while)
Headline PCE YoY: rose to 3.5% (from 2.8% in February)
Core PCE (excluding food & energy): +0.3% month-over-month
Core PCE YoY: rose to 3.2% (from 3.0% prior)