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We serve the public by pursuing a growing economy and stable financial system that work for all of us.

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We examine economic issues that deeply affect our communities.

The Ninth District

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The Bakken Oil Patch

Beige Book

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We conduct world-class research to inform and inspire policymakers and the public.

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We provide the banking community with timely information and useful guidance.

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Large Bank Stress Test Tool

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Policy

We explore policy topics that are important for advancing prosperity across our region.

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Inflation

We research and measure inflation as well as offer tools to understand and highlight trends in prices and price stability.

Inflation Calculator

What’s a dollar worth? How far does a past dollar stretch to equal the modern dollar? What would past prices be today?

What is a dollar worth?

is worth
is worth    
Download the app More on our Inflation Calculator


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Data map of the Ninth District
Regional Economic Indicators
June 25, 2025
Data
Donut chart looking at itself in the mirror and seeing something different
“Hot” or not? Learning the right lessons from the labor market after COVID
Simon Mongey | Principal Research Economist
May 15, 2025
Article
The Federal Reserve Bank of Minneapolis building and logo
Recipe for “cheapflation”? Household liquidity, consumer choices, and firm pricing
Jeff Horwich | Senior Economics Writer Simon Mongey | Principal Research Economist
April 21, 2025
Article
A ship loaded with shipping containers is transporting goods overseas beside a photo of a woman shopping at a clothing store
Gains from trade: Understanding the who, how, and when
Jeff Horwich | Senior Economics Writer
April 16, 2025
Article
A group of people sharing a though bubble showing an upward graph
More than a feeling? Making sense of elevated inflation expectations
Jeff Horwich | Senior Economics Writer
March 27, 2025
Article
The Federal Reserve Bank of Minneapolis building and logo
Under a stiff tariff, boosting the economy takes priority over inflation for a central bank
Jeff Horwich | Senior Economics Writer
March 21, 2025
Article
Diverse group of workers having a discussion at a table
Breaking down inflation by race, age, parenthood, and more
Jeff Horwich | Senior Economics Writer
December 20, 2024
Data
The Federal Reserve Bank of Minneapolis building and logo
The optimal way for a central bank to regard housing inflation? Ignore it
Jeff Horwich | Senior Economics Writer
December 20, 2024
Article
A woman in a store looking through clothing items on a bargain rack
Lower income, higher inflation? New data bring answers at last
Jeff Horwich | Senior Economics Writer
October 7, 2024
Data
Why I Supported Cutting Rates Last Week
Neel Kashkari | President and CEO
September 23, 2024
Article
Young woman opening the door into a new apartment holding a laundry basket with assorted things
Despite cooling prices for new leases, overall housing inflation could remain elevated into 2025
Alisdair McKay | Monetary Advisor Neil Mehrotra | Assistant Vice President and Policy Advisor
July 16, 2024
Article
hand drawn chart depicting money growth
Is wage growth sustainable? Evidence from real wage growth across groups
Abigail Wozniak | Vice President and Director, Opportunity & Inclusive Growth Institute Jeff Horwich | Senior Economics Writer Kenneth Cowles | Research Associate, Institute
July 12, 2024
Data