Consumer prices
—Year over year
— month over month · not annualized
Awaiting source data.
Source and release history ↗Inflation & Fed Watch
The latest reported prices. The next decision. What it means for your money.
Checking official public sources…
Consumption prices
—Year over year
— month over month · not annualized
Awaiting source data.
Source and release history ↗Fed target range
—Latest range awaiting source confirmation.
Federal Reserve target series ↗Check the Fed calendar
The date is the final day of the scheduled meeting. A decision remains pending until the Fed publishes it. Meeting dates can change.
Official meeting calendar and projections ↗What did the Fed announce?
Checking the statement feed…
Read the latest statement for the decision and explanation. Projections describe officials’ outlooks; they are not commitments.
Fed decisions, statements and minutes ↗Will rates rise, fall, or stay the same?
Market probabilities change with new information. This page does not maintain a live probability feed, so it does not present an old forecast as today’s consensus.
Check current CME FedWatch expectations ↗FedWatch reflects futures-market pricing, not a promise from the Fed. Check the timestamp and meeting date before comparing probabilities.
What does a rate change mean for you?
Borrowing
Higher policy rates can make new loans and variable-rate debt more expensive. Existing fixed-rate loans usually keep their contractual rate.
Understand interest rates →Savings
Deposit yields may change as banks respond. Compare the actual account rate; banks do not pass through Fed changes immediately or equally.
Explore a savings goal →Mortgages
The Fed does not set mortgage rates. Long-term bond yields, inflation expectations, lender pricing and borrower risk also matter.
Try the mortgage calculator →Wages & groceries
Lower positive inflation means prices rise more slowly, not that past increases disappear. Whether pay keeps up depends on both wage growth and the prices you actually face.
Work through your basket →Why are CPI and PCE different?
They cover different spending and use different weights and methods. CPI focuses on prices paid by urban consumers. PCE covers personal consumption more broadly, including some spending on people’s behalf. The Fed’s longer-run 2% inflation objective refers to PCE inflation.
Both cards show all-items indexes. These are not core inflation measures, which exclude food and energy. Annual changes here are calculated from seasonally adjusted indexes and can differ from the unadjusted annual CPI rate in headlines.
Why prices stay high when inflation falls →Federal Reserve: inflation objective ↗ · BEA: PCE methodology ↗
Sources, updates and calculation methods
Public FRED series relay BLS CPI, BEA PCE and Federal Reserve target-range observations. Monthly change = (latest index ÷ previous month − 1) × 100. Annual change uses the same month one year earlier. Missing comparison months are reported as unavailable. Values may be revised.
The hub checks sources on opening, every five minutes while visible, and when you return to the tab. Shared server results may be up to five minutes old; publisher updates can lag releases. “Sources checked” is retrieval time, not the observation month or release time. This is not a guaranteed real-time market feed.
Meeting dates are read from the official calendar; statements come from the Fed’s monetary-policy RSS feed. If a source fails, its panel shows unavailable. No automated interpretation of a new statement is presented as the Fed’s explanation.
Economic release calendar → · Explore world news on the globe →