economy // the macro backdropSource: FRED · refreshed 6h

The numbers that move every market

Rates, inflation, jobs and the yield curve — the macro context behind any single stock, straight from the Federal Reserve’s public data. Free, no login.

Fed Funds Rate2026-06-01

3.63%

-0.70 pp YoY · The Fed’s policy rate — the anchor for borrowing costs across the economy.

10-Year Treasury2026-07-15

4.55%

+0.05 pp YoY · The benchmark long-term risk-free rate; moves mortgages and equity valuations.

Inflation (CPI, YoY)2026-06-01

3.46%

Consumer price inflation, year-over-year. The Fed targets ~2%.

Unemployment2026-06-01

4.20%

+0.10 pp YoY · Share of the labor force out of work. Rising fast can signal recession.

30-Yr Mortgage2026-07-16

6.55%

-0.17 pp YoY · Average 30-year fixed mortgage rate — a read on consumer borrowing costs.

10Y–2Y Spread2026-07-16

0.41 pp

-0.17 pp YoY · Yield-curve slope. Negative (inverted) has historically preceded recessions.

Data from the Federal Reserve Bank of St. Louis (FRED), public domain, refreshed every few hours and shown with its observation date. The 10Y–2Y spread is a widely-watched recession signal, not a prediction. Educational only — not investment advice. See also our screener and crypto sections.