US Macro Calendar: Fed Meetings, CPI, Jobs and GDP Release Dates

Eight Fed meetings, eight ECB meetings, twelve US inflation prints and as many jobs reports: most of the macro calendar comes down to a handful of recurring dates. This page gathers them all — release times in Eastern Time, projection meetings flagged, and a countdown to the next two policy decisions.

Federal Reserve: FOMC meetings

The FOMC meets roughly every six weeks and releases its decision at 2:00 PM ET. The full 2026-2027 schedule, the dot-plot meetings and how a decision day unfolds are covered on the dedicated FOMC meeting calendar.

ECB: monetary policy meetings

The Governing Council holds eight monetary policy meetings a year, on Thursdays: the announcement comes at 2:15 PM CET with a press conference at 2:45 PM CET. The full schedule, projection meetings and how a decision unfolds are on the dedicated ECB meeting calendar.

US inflation: the CPI

The Bureau of Labor Statistics releases the Consumer Price Index once a month at 8:30 AM ET. It is the inflation print markets watch most closely, even though the Fed frames its target in terms of the PCE price index.

US jobs: the employment report

The Employment Situation report — nonfarm payrolls, the unemployment rate, wages — lands most often on an early-month Friday, at 8:30 AM ET. Together with the CPI, it is the release that moves policy expectations the most.

PCE inflation and household income

The PCE price index, published by the Bureau of Economic Analysis in the Personal Income & Outlays report, is the measure the Fed uses to define its 2% target. It comes out late in the month, alongside household income and spending.

US GDP: three estimates per quarter

Each quarter of GDP goes through three successive estimates: the advance reading about a month after the quarter ends, then two monthly revisions. The advance estimate is the one that moves markets; the revisions refine it.

These dates are the skeleton; reading the regimes they trace happens elsewhere — across the mechanics of monetary policy regimes, the analysis of macro-financial cycles, and the underlying data series.

Frequently asked questions

Last updated — 4 July 2026