The trend since 2019.
The current read: CPI Inflation is at 3.46% as of June 2026. Source: FRED/BEA via Indicators IQ.
Why it matters.
Higher inflation eats into your paycheck's buying power and can force the Federal Reserve to keep interest rates elevated, making mortgages and loans more expensive. If this trend continues, your savings lose value and wage growth may struggle to keep up with what you actually pay for groceries, rent, and everyday expenses.
Where it fits.
CPI Inflation feeds the Inflation & the Fed view — one of the six areas behind the site's Macro IQ score.