Kansas City Fed's Measure of Policy Rate Uncertainty (KCPRU) (KCPRU)

Feb 2026: .
Updated: Feb 6, 2026 1:20 PM CST
Feb 2026:  .  
Jan 2026:  0.743  
Dec 2025:  0.836  
Nov 2025:  0.884  
Oct 2025:  0.878  
View All

Units:

Percentage Points,
Not Seasonally Adjusted

Frequency:

Monthly,
Average

Fullscreen

Notes

Source: Federal Reserve Bank of Kansas City  

Release: Kansas City Fed Policy Rate Uncertainty  

Units:  Percentage Points, Not Seasonally Adjusted

Frequency:  Daily

Notes:

The Kansas City Fed's Measure of Policy Rate Uncertainty is a daily measure of market-based uncertainty regarding where short-term U.S. interest rates will be one year in the future. Prior to 2023, the KC PRU was calculated using options on Eurodollar futures, which settled based on the unsecured London Interbank Offered Rate (LIBOR). From 2023 onward, it is calculated using options on Secured Overnight Financing Rate (SOFR) futures. For questions on the data or methodology, please contact the data source.

Suggested Citation:

Federal Reserve Bank of Kansas City, Kansas City Fed's Measure of Policy Rate Uncertainty (KCPRU) [KCPRU], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/KCPRU, .

Release Tables


Back to Top