00:00It's Benzinga bringing Wall Street to Main Street
00:02Census Bureau data released Tuesday showed that Americans' inflation-adjusted incomes
00:06rose and poverty declined in 2025, according to CNBC.
00:11Real median household income increased 2.6% to $87,460, while the poverty rate fell nearly
00:19half a percentage point to 10.2%.
00:21The decline in poverty was concentrated among families with children and working-age households
00:26rather than retirees.
00:27The data cover 2025 and do not reflect more recent inflation or economic changes since
00:33the Iran War began.
00:34A separate poverty measure that accounts for government benefits was unchanged.
00:38The report comes as the Federal Reserve prepares to announce an interest rate decision Wednesday.
00:43Chairman Kevin Warsh has cited concerns about inflation, which rose 3.4% in August from
00:48a year earlier.
00:49For all things money, visit Benzinga.com.
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