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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 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
January 14, 2025
Data
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 Ken Cowles | Research Associate, Institute
July 12, 2024
Data
Collage of printed money and percentage sign
Policy Has Tightened a Lot. How Tight Is It? (An Update)
Neel Kashkari | President and CEO
May 7, 2024
Article
Collage image of $100 bills with a percentage symbol
Policy Has Tightened a Lot. How Tight Is It?
Neel Kashkari | President and CEO
February 5, 2024
Article
Person parachuting through the clouds, aimed at a target, far away on the ground
Are job vacancies still as plentiful as they appear? Implications for the “soft landing”
Simon Mongey | Senior Research Economist Jeff Horwich | Senior Economics Writer
December 1, 2023
Article
Percent sign transposed over a sheet of 100 dollar bills
Policy Has Tightened a Lot. Is It Enough? (A Second Update)
Neel Kashkari | President and CEO
September 26, 2023
Article
image of man shopping juxtaposed with image of housing
What 1 percent inflation means for housing in the Twin Cities
Ron J. Feldman | First Vice President Alene Tchourumoff | HRI Officer; Senior Vice President, Learning Management Support Office and Community Development and Engagement
August 25, 2023
Article