Economic research
Macroeconomics
A clearer view of prices, labor, policy, and public finances.
The economy at a glance
Key readings and long-term trends. Select a topic to explore the underlying data.
Annual change · percent
Source: BLS / BEA via FRED · Monthly observations
Policy rate and Treasury yield · percent
Source: Federal Reserve via FRED · Monthly averages
Explore the macro picture
Inflation
01Are price pressures easing? Compare headline and core measures.
Employment
02Is hiring slowing? Separate monthly noise from the labor-market trend.
Interest rates
03Track policy, borrowing costs, and the shape of the yield curve.
Debt & fiscal health
04Examine debt levels, repayment burdens, and public finances.
Valuation
05Explore the historical equity risk premium and its assumptions.
Reading the data & research tools
Compare the direction and persistence of each trend, not just the latest release. Observation dates differ by series; monthly and quarterly data can be revised. Core inflation excludes food and energy, while the Federal Reserve’s 2% longer-run inflation target refers to headline PCE.