FRED · Federal Reserve Economic Data

US Macro Indicators

Official US macroeconomic indicators sourced from the Federal Reserve Bank of St. Louis (FRED). Eight series cover the policy rate, the long end of the curve, the yield curve spread, inflation, the labor market, growth, equity volatility, and the dollar.

Source: St. Louis Fed (FRED) · Updated May 19, 2026, 9:35 PM UTC

Indicators

FEDFUNDSInterest Rates

Fed Funds Rate

3.64%
flat
DGS10Interest Rates

10Y Treasury

4.61%
+0.44%
T10Y2YInterest Rates

Yield Curve (10Y-2Y)

0.54%p
flat
CPIAUCSLInflation

CPI

332.41Index
+0.64%
UNRATELabor Market

Unemployment Rate

4.3%
flat
GDPC1Growth

Real GDP

24,174.53Bil. $
+0.49%
VIXCLSVolatility

VIX

17.82pt
-3.31%
DTWEXBGSCurrency

Broad Dollar Index

119.28pt
+0.52%

Why these indicators matter

These eight series form the backbone of modern macro analysis. Three rates indicators — the Fed funds rate, the 10-year Treasury yield, and the yield curve spread — describe the cost of capital and the bond market's implicit growth forecast. CPI and unemployment together drive the Fed's dual mandate. Real GDP measures the business cycle directly. The VIX captures equity market stress, and the broad dollar index summarizes the relative international value of the US currency.

Together they explain most of the cross-sectional and time-series variation in US equity returns: sector rotation, growth-vs-value performance, large-vs-small caps, and risk-on vs. risk-off regimes all key off some combination of these series.

Data analysis only — not investment advice. Source: Federal Reserve Bank of St. Louis (FRED).