Biggest Market Movers
US CPI / Inflation
Track U.S. consumer inflation, CPI releases, core inflation, price pressures and the data that can influence Federal Reserve policy and global financial markets.
Latest index data is retrieved from the U.S. Bureau of Labor Statistics CPI program ↗.
Latest available BLS data
U.S. Inflation Snapshot
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Release schedule
Next CPI Release
Release timing is published by BLS. A verified calendar feed is not currently connected to this page.
Consensus
Market Expectations
Forecasts and market-implied expectations require a verified consensus source.
Release comparison
CPI Surprise
A surprise is calculated only when both an authoritative actual and a verified forecast are available.
Historical BLS series
U.S. Inflation Trend
Headline and core year-over-year rates calculated from BLS CPI indexes. The Fed's 2% longer-run goal is shown as a reference, while CPI is not the Fed's target measure.
Monthly movement
Monthly CPI Momentum
BLS component series
What Is Driving Inflation?
Component changes are calculated from the latest BLS index observations.
Cross-market context
Inflation Dashboard
Historical record
U.S. CPI Historical Data
| Month | CPI YoY | Core CPI YoY | CPI MoM | Core CPI MoM |
|---|---|---|---|---|
| Loading latest BLS historical data... | ||||
Policy context
CPI vs PCE Inflation
| Measure | Publisher | Measures | Frequency | Used by markets | Fed policy target |
|---|---|---|---|---|---|
| CPI | BLS | Consumer prices | Monthly | Yes | No |
| PCE | BEA | Personal consumption expenditures | Monthly | Yes | Yes |
The Federal Reserve's 2% longer-run inflation objective is expressed in terms of PCE inflation. CPI remains an important and timely market indicator.
Federal Reserve context
Why CPI Matters to the Federal Reserve
CPI is not the Federal Reserve's target measure, but it provides timely information about consumer-price pressures. Markets often compare CPI with PCE, labor-market conditions, growth and financial conditions when assessing potential policy expectations.
Federal Reserve inflation objective ↗Market context
How CPI Can Move Financial Markets
US Dollar
Higher-than-expected inflation can lift tighter-policy expectations, while softer inflation may weigh on them.
Treasury Yields
Inflation expectations and the expected policy path can influence yields across the curve.
Gold
Real yields, dollar movements and inflation expectations can all affect gold pricing.
Equities & Bitcoin
Valuations and liquidity sensitivity can shape reactions, but outcomes are not mechanical.
Existing EconomicLab market-data provider
Latest CPI Market Reaction
Current quotes are requested from the existing market-data proxy. Intraday release comparisons are omitted because that provider does not expose verified historical release windows.
Educational framework
How Fundamental Traders Watch CPI
Before the Release
Monitor previous CPI, verified consensus, core CPI, PCE, producer prices, wages, energy, shelter, yields and policy expectations.
At Release
Compare the actual release with an authoritative forecast and the previous period when both are available.
After Release
Observe USD, yields, gold, equities, Bitcoin and changes in rate expectations without assuming a fixed reaction.
Educational information only. This page does not provide personalized investment advice.
Official publication
Latest CPI Release
Release summaries and dates are shown only when retrieved from BLS.
Traceability