Personal income in the U.S. increased in line with economist estimates in the month of December, according to a report released by the Commerce Department on Friday.
The report said personal income inched up by 0.2 percent in December after rising by a downwardly revised 0.3 percent in November.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.