Recent Developments

The Federal Reserve Explained
Unleashing a Financially Inclusive Future. Watch Live: July 15, 2025, 9:15 a.m. ET. Hosted by the Federal Reserve Board

Economy at a Glance

Policy Rate

Fed Funds Target Range

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Inflation (PCE)

Chart

Line chart with 113 data points.
The chart has 1 X axis displaying Time. Data ranges from 2016-01-01 00:00:00 to 2025-05-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 0.4 to 7.2.
End of interactive chart.

Source: Bureau of Economic Analysis

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Unemployment Rate

Chart

Line chart with 126 data points.
The chart has 1 X axis displaying Time. Data ranges from 2015-01-01 00:00:00 to 2025-06-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 3.4 to 14.8.
End of interactive chart.

Source: U.S. Bureau of Labor Statistics

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Gross Domestic Product (GDP)

Chart

Bar chart with 37 bars.
The chart has 1 X axis displaying Time. Data ranges from 2016-01-01 00:00:00 to 2025-01-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from -28.1 to 35.2.
End of interactive chart.

Source: Bureau of Economic Analysis

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Upcoming Calendar

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What is FedNow? Learn more
Review of Monetary Policy Strategy, Tools, and Communications
Image of stack of papers on purple circle with purple background next to "Review of the Federal Reserve's Supervision and Regulation of Silicon Valley Bank. Learn more."

Disaster Preparedness and Recovery Resources

Learn more about helpful resources for institutions and individuals who are recovering from California wildfires.

Fed Listens

An important pillar of the 2025 framework review is the ongoing Fed Listens initiative.

Funding, Credit, Liquidity, and Loan Facilities and Reporting

Learn more about the facilities the Federal Reserve has established in response to events related to the COVID-19 pandemic and read reports filed with Congress pursuant to section 13(3) of the Federal Reserve Act.

FOMC Press Conference

Watch the latest FOMC press conference from June 18, 2025.

Financial Innovation

The Federal Reserve Board is committed to supporting responsible fintech innovation, both by the firms we regulate directly, and in the financial market broadly.

Proposals for Comment

Find, review, and submit comments on Board proposals.

Select Statistical Releases

Principal Economic Indicators
Last Update: July 14, 2025