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Economic CalendarTier 1Bureau of Economic Analysis · last release Sep 30, 2026

PCE Release Dates 2026 and Market Reaction

The next Personal Income and Outlays (PCE Inflation) is scheduled for Thursday, October 29, 2026 at 8:30 AM ET. On 411 PCE days since 1993, SPY's move landed in the biggest quarter of all trading days 25.8% of the time, against 25% for any day, within two standard errors (±4.3 points) of chance: by this measure a PCE day is indistinguishable from a normal session. The median move was 0.55% against 0.53% on all days.

Next PCEas of 2026-10-02
Thu, Oct 29
2026 · 8:30 AM ET
Latest print · Core PCE Price Index
3.0%from 3.0%

August 2026, released Sep 30, 2026

Release days in top quarter
25.8% vs 25%
Median SPY move
0.55% vs 0.53%
01

Upcoming PCE dates

  • Thursday, October 29, 20268:30 AM ET
  • Wednesday, November 25, 20268:30 AM ET
  • Wednesday, December 23, 20268:30 AM ET

Schedule: FRED release 54. Release record since 1966.

02

Does the market move on release day?

On 411 PCE days since 1993, SPY's move landed in the biggest quarter of all trading days 25.8% of the time, against 25% for any day, within two standard errors (±4.3 points) of chance: by this measure a PCE day is indistinguishable from a normal session. The median move was 0.55% against 0.53% on all days. SPY closed higher on 52.5% of release days against 53.6% of all days. The 10-year Treasury yield moved a median 3.1 bp either way, against 3.2 bp on all days.

Release days since 1993
411
Median |SPY move|
0.55%
all days 0.53%
In the top quarter of moves
25.8%
a normal day 25% · ±4.3 pts is chance
SPY closed higher
52.5%
all days 53.6%
Median |10-year yield move|
3.1 bp
all days 3.2 bp
Mean SPY return
+0.03%
all days +0.04%

When the headline Core PCE Price Index came in above its prior reading (175 days), release days carried an average SPY return of +0.07%; when it came in below (143 days), an average SPY return of −0.02%.

The top quarter means a close-to-close SPY move of 1.04% or more either way, the 75th percentile of every trading day since 1993. Headline values are today's revised figures, and no consensus forecasts are used, so above and below compare each print with the previous print. This is not a surprise study: markets react to the gap between a release and what was expected.

-3.7%2.5%20222023202420252026−0.21%
SPY close-to-close move on each PCE release day over the last five years
03

Recent PCE releases

ReleasedPeriodCore PCE Price IndexPriorSPY10-year
Sep 30, 2026August 20263.0%3.0%−0.21%+3.8 bp
Aug 26, 2026July 20263.0%3.0%+0.02%+2.5 bp
Jul 30, 2026June 20263.0%3.2%+1.68%+4.1 bp
Jun 25, 2026May 20263.2%3.1%+0.14%−1.0 bp
May 28, 2026April 20263.1%3.1%+0.55%−2.6 bp
Apr 30, 2026March 20263.1%3.0%+0.99%−2.8 bp
Apr 9, 2026February 20263.0%2.9%+0.58%+0.2 bp
Mar 13, 2026January 20262.9%2.9%−0.57%+1.2 bp
Feb 20, 2026December 20252.9%2.7%+0.72%+1.1 bp
Jan 22, 2026November 20252.7%2.7%+0.52%−0.4 bp
Dec 23, 2025———+0.46%0.0 bp
Dec 5, 2025September 20252.8%2.9%+0.19%+3.1 bp
Sep 26, 2025August 20252.9%2.8%+0.57%+1.5 bp
Aug 29, 2025July 20252.8%2.8%−0.60%+2.0 bp
Jul 31, 2025June 20252.8%2.8%−0.38%−1.6 bp
Jun 27, 2025May 20252.8%2.6%+0.50%+3.0 bp
May 30, 2025April 20252.6%2.6%−0.11%−0.8 bp
Apr 30, 2025March 20252.6%2.9%+0.04%+0.4 bp
Mar 28, 2025February 20252.9%2.8%−2.01%−11.4 bp
Feb 28, 2025January 20252.8%3.0%+1.56%−5.4 bp
Jan 31, 2025December 20243.0%3.0%−0.53%+5.7 bp
Dec 20, 2024November 20243.0%3.0%+0.86%−4.6 bp
Nov 27, 2024October 20243.0%2.8%−0.30%−6.0 bp
Oct 31, 2024September 20242.8%2.9%−1.96%+1.8 bp

Newest first. Values are today's revised data; a dash means no matched value.

04

What it measures

The monthly report on household income and spending, carrying the PCE price index, the inflation measure the Federal Reserve targets.

Published by
Bureau of Economic Analysis (BEA)
Release time
8:30 AM ET
Schedule source
FRED release 54
05

Frequently asked questions

When is the next PCE release?

The next Personal Income and Outlays (PCE Inflation) is scheduled for Thursday, October 29, 2026 at 8:30 AM ET. After that: Wednesday, November 25, 2026; Wednesday, December 23, 2026. Source: Bureau of Economic Analysis.

What time is the PCE released?

The Bureau of Economic Analysis publishes the Personal Income and Outlays (PCE Inflation) at 8:30 AM Eastern Time on its scheduled release days.

Does the stock market move on PCE days?

On 411 PCE days since 1993, SPY's move landed in the biggest quarter of all trading days 25.8% of the time, against 25% for any day, within two standard errors (±4.3 points) of chance: by this measure a PCE day is indistinguishable from a normal session. The median move was 0.55% against 0.53% on all days. SPY closed higher on 52.5% of release days against 53.6% of all days. The 10-year Treasury yield moved a median 3.1 bp either way, against 3.2 bp on all days.

How did the market react to the last PCE release?

On Wednesday, September 30, 2026, SPY moved −0.21% close to close and the 10-year Treasury yield +3.8 bp. The headline Core PCE Price Index read 3.0% against 3.0% before.