Next release
Released monthlyJul 14, 2026 12:30 UTC
in 23 days
Latest result
The most recent US Inflation Rate (CPI) (Jun 10, 2026, May) printed 4.2% versus 4.0% expected (previous 3.8%) — above forecast, positive for the USD.
What it measures
This shows how much higher US prices are than a year ago, in other words how fast the cost of living is rising. For trading, the headline figure matters less than two things hidden inside it: how fast "core" prices are rising (core means leaving out food and fuel, which swing around too much to show the real trend), and whether the rises are mostly in services like rent, insurance and haircuts. Those are the parts the Federal Reserve, the people who set US interest rates, watch most closely.
When inflation runs hot, the Fed keeps interest rates high, and high rates reward holding dollars, so money flows in and the dollar tends to rise. What matters most is how the monthly core figure compares to what traders expected, and to the roughly 0.2% a month that adds up to the Fed's 2% yearly target: a clear beat reads as hot and lifts the dollar, while a soft one tends to weaken it. The Fed looks hardest at services prices apart from rent, the most stubborn part of inflation. A hot reading bites the dollar most when the jobs market is still strong, because that is when the Fed is free to keep rates high.
What a higher or lower US Inflation Rate (CPI) means for the USD
A stronger-than-expected reading points to a more resilient economy or higher-for-longer rates, which tends to draw capital into the USD.
Higher than forecast
An actual above the 3.9% forecast is typically bullish for the USD.
Lower than forecast
An actual below the 3.9% forecast is typically bearish for the USD.
Release history
Every release of US Inflation Rate (CPI): actual vs forecast and the beat/miss outcome. Click a date for the full read of that release.
Frequently asked questions
- What is US Inflation Rate (CPI)?
- This shows how much higher US prices are than a year ago, in other words how fast the cost of living is rising. For trading, the headline figure matters less than two things hidden inside it: how fast "core" prices are rising (core means leaving out food and fuel, which swing around too much to show the real trend), and whether the rises are mostly in services like rent, insurance and haircuts. Those are the parts the Federal Reserve, the people who set US interest rates, watch most closely.
- What was the latest US Inflation Rate (CPI) reading?
- The most recent release (Jun 10, 2026, May) came in at 4.2%, versus a forecast of 4.0% and a previous 3.8% — above expectations.
- When is the next US Inflation Rate (CPI)?
- The next US Inflation Rate (CPI) is scheduled for Jul 14, 2026. It is released monthly.
- What happens to the USD if US Inflation Rate (CPI) is higher than expected?
- An actual reading above the consensus forecast is typically bullish for the USD, while a reading below forecast is bearish for the USD. A stronger-than-expected reading points to a more resilient economy or higher-for-longer rates, which tends to draw capital into the USD.
- How does US Inflation Rate (CPI) affect the USD?
- When inflation runs hot, the Fed keeps interest rates high, and high rates reward holding dollars, so money flows in and the dollar tends to rise. What matters most is how the monthly core figure compares to what traders expected, and to the roughly 0.2% a month that adds up to the Fed's 2% yearly target: a clear beat reads as hot and lifts the dollar, while a soft one tends to weaken it. The Fed looks hardest at services prices apart from rent, the most stubborn part of inflation. A hot reading bites the dollar most when the jobs market is still strong, because that is when the Fed is free to keep rates high.