Macroeconomics & Inflation

Central bank data, inflation metrics, yield curves, and US labor market figures in real time.

Inflation
Headline CPI
3.71%
+3.71% YoY (+0.40% MoM)
Fed Target: 2.0% View Chart →
Inflation
Core CPI
2.76%
+2.76% YoY (+0.29% MoM)
Ex Food & Energy View Chart →
Interest Rates
Fed Funds Rate (Monthly)
3.75%
Fed Target Corridor 4.25% - 4.50%
FOMC Benchmark View Chart →
Interest Rates
10-Year Treasury Yield
5.22%
-0.06% MoM
10-Year Benchmark View Chart →
Yield Curve
Yield Curve Spread (10Y-2Y)
+0.44%
Normalized Curve
Normal View Chart →
Labor Market
Nonfarm Payrolls (Level)
+29k
Monthly Net Jobs
Monthly Change View Chart →
Labor Market
Unemployment Rate (U-3)
4.2%
+0.1% MoM
Official U-3 View Chart →
inflation

Consumer Price Index for All Urban Consumers: All Items

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Quick Select:
Overview CPI Basket & Inflation Producer Prices (PPI) Rates & Yield Curve Labor Market & Wages

US Treasury Yield Curve

Normal (+0.47% Spread)

Yields from 3 months to 30 years with historical comparisons

Current
1 Month Ago
1 Year Ago
3.0%4.8%6.5%3M2Y10Y30Y4.23%4.75%5.22%5.60%
10Y Minus 2Y Spread
+0.47% (Normal)
10-Year Benchmark
5.22% Risk-Free Rate
Curve Shape
Steep: Normal yield structure during economic growth.

Consumer Price Index (CPI) & Basket

Detailed breakdown of inflation into goods, services, and product categories

Airline Fares (Flights) component
+28.91% YoY
Gasoline / Fuel component
+27.40% YoY
Energy (Total) component
+16.84% YoY
Auto Maintenance & Repair component
+7.77% YoY
Other Goods & Personal Services component
+4.53% YoY
Goods / Commodities (All) macro_aggregate
+4.29% YoY
Electricity (Power) component
+3.98% YoY
Apparel & Clothing component
+3.88% YoY
Headline CPI headline
+3.71% YoY
Dining & Restaurants component
+3.66% YoY
Shelter (Housing) component
+3.44% YoY
Owners' Equivalent Rent (OER) component
+3.43% YoY
PCE Headline pce
+3.42% YoY
Services (All) macro_aggregate
+3.37% YoY
Transportation Services component
+3.36% YoY
Utility Gas (Natural Gas) component
+3.13% YoY
Food (Total) component
+3.07% YoY
Rent of Primary Residence component
+3.04% YoY
Core PCE pce
+3.01% YoY
Core CPI core
+2.76% YoY
Groceries (Food at Home) component
+2.65% YoY
Recreation & Culture component
+2.58% YoY
Physician & Hospital Services component
+2.40% YoY
Household Furnishings & Supplies component
+2.27% YoY
Education & Communication component
+2.16% YoY
Medical Care (Total) component
+1.45% YoY
New Vehicles component
+0.57% YoY
Used Cars & Trucks component
-2.32% YoY
Prescription Drugs & Medical Goods component
-2.94% YoY

Producer Price Index (PPI) & Margin Pressure

Upstream price trends and input costs for businesses

Margin Pressure (PPI - CPI): +1.7%
Input Cost Increases for Producers:

The producer price index is growing faster than consumer prices. Producers generally pass higher input costs with a 1-3 month lag to end consumers, indicating persistent inflation or corporate margin pressure.

Production Costs & Detail Drivers:

Labor Market & Wage Trends

Employment, unemployment rates, and real wage growth in the US

Real Wage Growth: -0.69%
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