Economy
The indicators that set interest rates and move markets, Australia first. Each shows its latest reading, the change, how it compares with its own history, and a two-year trend.
Where the cycle isBusiness cycle The recurring rise and fall of economic activity: expansion, slowdown, contraction and recovery. Learn more
Australia
Slowdown with rising inflation
- PolicyReal policy rate The policy rate minus underlying inflation. Positive means money is dear in real terms (policy is tight); negative means it is cheap (policy is loose). Learn more
- Tightening4.60%, last moved +0.25 pts (a month ago); real rate 1.0%
- InflationInflation (CPI) The rise in consumer prices, usually measured as the change in the Consumer Price Index over a year. Learn more
- Above target, risingUnderlying 3.6%, +0.1 pts over 3 months; target the RBA's 2–3% band
- Labour marketSahm rule A recession signal: when the three-month average unemployment rate rises 0.5 points above its low of the past year, the US has almost always been in recession. Learn more
- Weakening sharplyUnemployment 4.7%; 3-month average +0.54 pts above its 12-month low
- GrowthTrend growth The pace an economy can grow at over the long run without overheating, set by growth in the workforce and productivity. About 2.5% a year for Australia and 2% for the US. Learn more
- Below trendReal GDP 2.1% over the year; trend taken as about 2.5%
- Yield curveYield curve and inversion The gap between long-term and short-term bond yields. When short yields rise above long ones (an inversion), recessions have often followed. Learn more
- Positive10-year 5.31% less 2-year 4.92% = +0.40 pts
United States
Expansion with easing inflation
- PolicyReal policy rate The policy rate minus underlying inflation. Positive means money is dear in real terms (policy is tight); negative means it is cheap (policy is loose). Learn more
- Tightening4.00%, last moved +0.25 pts (a month ago); real rate 1.0%
- InflationInflation (CPI) The rise in consumer prices, usually measured as the change in the Consumer Price Index over a year. Learn more
- Above target, fallingUnderlying 3.0%, −0.2 pts over 3 months; target the Fed's 2% target
- Labour marketSahm rule A recession signal: when the three-month average unemployment rate rises 0.5 points above its low of the past year, the US has almost always been in recession. Learn more
- SteadyUnemployment 4.2%; 3-month average +0.03 pts above its 12-month low
- GrowthTrend growth The pace an economy can grow at over the long run without overheating, set by growth in the workforce and productivity. About 2.5% a year for Australia and 2% for the US. Learn more
- At or above trendReal GDP 2.2% over the year; trend taken as about 2%
- Business surveysPMI and diffusion indices A purchasing managers' index: a monthly survey of businesses where 50 separates expansion from contraction. Above 50, more firms report growth than decline. Learn more
- Expanding, improvingISM manufacturing PMI 54.5, +1.2 over 3 months; 50 separates growth from contraction
- Yield curveYield curve and inversion The gap between long-term and short-term bond yields. When short yields rise above long ones (an inversion), recessions have often followed. Learn more
- Positive10-year 5.10% less 2-year 4.77% = +0.33 pts
How these are worked out
- Phase: Growth above or below trend, crossed with whether underlying inflation rose or fell over three months.
- Policy: Tightening or easing if the last move was within 12 months; on hold otherwise. Real rate is the policy rate minus underlying inflation.
- Inflation: Underlying inflation against the central bank's target. Rising or falling if it moved more than 0.05 points over three months.
- Labour market: Three-month average unemployment against its lowest point in the past year. 0.3 points or more is softening; 0.5 or more has historically marked recessions (the Sahm rule).
- Growth: Year-on-year real GDP growth against a long-run trend of about 2.5% a year.
- Yield curve: 10-year minus 2-year government bond yield. Inverted below zero, flat under 0.25 points. An inverted curve has preceded most US recessions.
These classify published data by fixed rules. They describe where each economy is, not where it is going, and are not advice.
The big picture
| Measure | Australia | United States | GapPercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more |
|---|---|---|---|
| Policy rateRBA cash rate The interest rate the Reserve Bank of Australia targets for overnight loans between banks. It anchors almost every other interest rate in Australia. Learn moreRBA cash rate target; Fed funds target (upper) | 4.60%16 Oct | 4.00%18 Oct | +0.60 pts |
| InflationInflation (CPI) The rise in consumer prices, usually measured as the change in the Consumer Price Index over a year. Learn moreMonthly CPI, year on year | 4.00%Aug 2026 | 3.72%Sept 2026 | +0.28 pts |
| Underlying inflationTrimmed mean inflation The RBA's preferred inflation measure: the CPI with the most extreme price changes each period cut out, to show the underlying trend. Learn moreTrimmed mean; core PCE (each bank's preferred gauge) | 3.60%Aug 2026 | 3.01%Aug 2026 | +0.59 pts |
| Real policy rateReal policy rate The policy rate minus underlying inflation. Positive means money is dear in real terms (policy is tight); negative means it is cheap (policy is loose). Learn morePolicy rate minus underlying inflation; higher means tighter | 1.00%using Aug 2026 inflation | 0.99%using Aug 2026 inflation | +0.01 pts |
| Unemployment rateUnemployment rate The share of people in the labour force who are out of work and actively looking for work. Learn more | 4.72%Sept 2026 | 4.20%Sept 2026 | +0.52 pts |
| Wage growthWage growth How fast pay is rising. Australia uses the wage price index; the US uses average hourly earnings. Learn moreWage price index; average hourly earnings | 3.20%Jun qtr 2026 | 3.02%Sept 2026 | +0.18 pts |
| 10-year government bond yieldGovernment bond yield The annual return from buying a government bond today and holding it to maturity. Yields rise when bond prices fall. Learn more | 5.31%14 Oct | 5.10%15 Oct | +0.21 pts |
| Real GDP growthGDP Gross domestic product: the value of all goods and services produced in a country. Its growth rate is the broadest measure of how the economy is doing. Learn moreYear on year | 2.14%Jun qtr 2026 | 2.19%Jun qtr 2026 | −0.05 pts |
Gap is Australia minus the US, in percentage points. The RBA targets inflation of 2 to 3 per cent; the Federal Reserve targets 2 per cent on the PCE measure.
Australia
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| RBA cash rate targetRBA cash rate target The Reserve Bank of Australia's target for the overnight rate banks charge each other, set by its Monetary Policy Board eight times a year. It sets the floor under variable mortgage rates, term deposit rates and the return investors demand from shares and property. See the data3.60% a year earlier | 4.60%16 Oct | raised 0.25 ptssince 30 Sept | Tue, 3 Nov | |
| Australian 2-year bond yieldAustralian 2-year bond yield The yield on 2-year Australian Government bonds, daily. Tracks where markets expect the cash rate to be over the next two years, so it moves ahead of Reserve Bank decisions. See the data3.42% a year earlier | 4.92%14 Oct | +0.03 ptsvs 13 Oct | – | |
| Australian 3-year bond yieldAustralian 3-year bond yield The yield on 3-year Australian Government bonds, daily. The tenor of the ASX's most traded bond futures contract, so a common gauge of rate expectations. See the data3.45% a year earlier | 4.91%14 Oct | +0.03 ptsvs 13 Oct | – | |
| Australian 5-year bond yieldAustralian 5-year bond yield The yield on 5-year Australian Government bonds, daily. Banks price many fixed-rate home loans off yields in this range. See the data3.63% a year earlier | 4.98%14 Oct | +0.04 ptsvs 13 Oct | – | |
| Australian 10-year bond yieldAustralian 10-year bond yield The yield on 10-year Australian Government bonds, daily. Fixed mortgage rates and the valuation of long-lived assets such as infrastructure and property trusts move with it. See the data4.22% a year earlier | 5.31%14 Oct | +0.02 ptsvs 13 Oct | – |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| Australian inflation (monthly CPI)Australian inflation (monthly CPI) The change in the consumer price index over the past 12 months. The ABS has published a full monthly CPI since late 2025, so this monthly series is short; the quarterly measure has the long history. The Reserve Bank aims to keep inflation between 2 and 3 per cent. Readings above that band are what keep rates high. See the data3.2% a year earlier | 4.0%Aug 2026, latest available | +0.5 ptsvs Jul 2026 | Wed, 28 Octest. 4.0% | |
| Australian inflation (quarterly CPI)Australian inflation (quarterly CPI) The change in the consumer price index from the same quarter a year earlier, the measure Australia relied on before the monthly CPI. Gives the long view: inflation's path through every rate cycle since the 1990s. See the data2.1% a year earlier | 3.9%Jun qtr 2026, latest available | −0.2 ptsvs Mar qtr 2026 | Wed, 28 Oct | |
| Australian inflation (month on month)Australian inflation (month on month) The change in the consumer price index from the previous month, not seasonally adjusted. Shows the latest pulse of prices, though single months are noisy and seasonal. See the data−0.1% a year earlier | 0.4%Aug 2026, latest available | −0.6 ptsvs Jul 2026 | Wed, 28 Oct | |
| Australian underlying inflation (trimmed mean)Australian underlying inflation (trimmed mean) Inflation over 12 months after removing the items with the largest and smallest price changes each period, seasonally adjusted. The Reserve Bank's preferred gauge of underlying inflation, less swayed by one-off price swings such as fuel or subsidies. See the data3.1% a year earlier | 3.6%Aug 2026, latest available | unchangedvs Jul 2026 | Wed, 28 Oct | |
| Australian food inflationAustralian food inflation The change over 12 months in the food and non-alcoholic beverages component of the CPI. Food is a large, unavoidable part of household budgets, and shapes how people feel about inflation. See the data3.0% a year earlier | 3.0%Aug 2026, latest available | −0.2 ptsvs Jul 2026 | Wed, 28 Oct | |
| Australian fuel pricesAustralian fuel prices The change over 12 months in the automotive fuel component of the CPI. Petrol swings with oil prices and the Australian dollar, and moves headline inflation quickly. See the data−1.7% a year earlier | 13.5%Aug 2026, latest available | +13.9 ptsvs Jul 2026 | Wed, 28 Oct | |
| Australian consumer inflation expectationsAustralian consumer inflation expectations The inflation rate consumers expect over the next year, from the survey the RBA publishes in table G3. The RBA's series starts in 2022. If people expect high inflation they ask for higher wages and accept higher prices, which can make inflation stick. See the data4.7% a year earlier | 4.9%Sept 2026 | −0.6 ptsvs Jun 2026 | – | |
| Economists' inflation expectationsEconomists' inflation expectations The inflation rate market economists expect over the coming year, surveyed quarterly. A steadier read of where inflation is headed than consumers' expectations. See the data2.8% a year earlier | 3.0%Sep qtr 2026 | unchangedvs Jun qtr 2026 | – | |
| Australian import pricesAustralian import prices The change over 12 months in the prices Australian importers pay, in Australian dollars. A falling Australian dollar or rising world prices reach the shelves through imports, with a lag. See the dataHighest since December quarter 2022 | 6.2%Jun qtr 2026, latest available | +6.5 ptsvs Mar qtr 2026 | Thu, 29 Octest. 5.0% (AI) |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| Australian unemployment rateAustralian unemployment rate The share of the labour force aged 15 and over without a job and looking for one, seasonally adjusted, from the ABS Labour Force survey. The Reserve Bank weighs it directly when setting rates. A rising rate usually comes before slower consumer spending. See the dataHighest since October 2021 | 4.7%Sept 2026 | little changedvs Aug 2026 | Thu, 19 Nov | |
| Australian jobs addedAustralian jobs added The monthly change in the number of employed people, seasonally adjusted. Australia's equivalent of the US payrolls figure. Monthly changes are volatile, so look at the trend over several months. See the data16.7k a year earlier | −39.3kSept 2026 | −68.6kvs Aug 2026 | Thu, 19 Nov | |
| Australian full-time jobs addedAustralian full-time jobs added The monthly change in the number of people employed full time, seasonally adjusted. Full-time jobs carry more income and security than part-time ones, so the mix matters as much as the total. See the data−2.7k a year earlier | 34.4kSept 2026 | +38.4kvs Aug 2026 | Thu, 19 Nov | |
| Australian employment-to-population ratioAustralian employment-to-population ratio The share of the population aged 15 and over that has a job, seasonally adjusted. Not flattered by people giving up looking for work, unlike the unemployment rate. See the dataLowest since March 2022 | 63.6%Sept 2026 | −0.3 ptsvs Aug 2026 | Thu, 19 Nov | |
| Australian wage growthAustralian wage growth The change over 12 months in the Wage Price Index: hourly rates of pay excluding bonuses, seasonally adjusted. Wage growth above inflation lifts living standards; well above productivity, it can keep inflation high. See the data3.4% a year earlier | 3.2%Jun qtr 2026, latest available | unchangedvs Mar qtr 2026 | Wed, 18 Nov |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| Australian household spendingAustralian household spending The change over 12 months in household spending from the ABS Household Spending Indicator, which replaced the Retail Trade survey in 2025. Not adjusted for inflation. The most timely monthly read on Australian consumers, who drive about half the economy. See the data4.7% a year earlier | 6.8%Aug 2026, latest available | −0.2 ptsvs Jul 2026 | Wed, 4 Novest. 6.4% (AI) | |
| Australian household spending (month on month)Australian household spending (month on month) The change in household spending from the previous month, seasonally adjusted, not adjusted for inflation. The latest direction of spending, before the quarterly national accounts. See the data0.2% a year earlier | 0.0%Aug 2026, latest available | −1.1 ptsvs Jul 2026 | Wed, 4 Nov | |
| Australian household consumption (real)Australian household consumption (real) The quarterly change in household final consumption expenditure in the national accounts, after inflation, seasonally adjusted. The broadest measure of what households actually buy, the largest part of GDP. See the data1.0% a year earlier | 0.4%Jun qtr 2026, latest available | unchangedvs Mar qtr 2026 | Wed, 2 Dec | |
| Australian household saving ratioAustralian household saving ratio The share of household disposable income that is saved, seasonally adjusted. A low ratio leaves households little buffer if rates rise or jobs are lost. See the data5.9% a year earlier | 6.5%Jun qtr 2026, latest available | +0.1 ptsvs Mar qtr 2026 | Wed, 2 Dec | |
| Australian real household disposable incomeAustralian real household disposable income The change over 12 months in household income after tax and interest, adjusted for inflation. What households have to spend in real terms; it fell sharply when rates and prices rose in 2022 and 2023. See the data4.8% a year earlier | 2.3%Jun qtr 2026 | +0.4 ptsvs Mar qtr 2026 | – |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| Australian variable mortgage rateAustralian variable mortgage rate The average interest rate on outstanding variable-rate owner-occupier home loans, from lenders' reports to the RBA. The series starts in 2019. What most Australian borrowers actually pay, and so how much cash-rate changes bite household budgets. See the data5.50% a year earlier | 6.20%Aug 2026 | unchangedvs Jul 2026 | – | |
| Australian mean dwelling priceAustralian mean dwelling price The average price of residential dwellings across Australia, from the ABS. It replaced the residential property price index, discontinued at the end of 2021. Housing is most Australian households' biggest asset; prices drive wealth, confidence and borrowing. See the dataA$1.03m a year earlier | A$1.10mJun qtr 2026, latest available | −0.7%vs Mar qtr 2026 | Tue, 1 Dec | |
| Australian building approvalsAustralian building approvals New dwellings approved for construction each month, original (not seasonally adjusted, which the ABS API does not provide for this series). Approvals come before construction, so they lead building activity and housing supply. See the data15,377 a year earlier | 16,967Aug 2026, latest available | −12.0%vs Jul 2026 | Mon, 2 Novest. 17,700 (AI) |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| Australian GDP growth (quarterly)Australian GDP growth (quarterly) Real GDP growth from the previous quarter, seasonally adjusted. Australia reports quarterly changes, not annualised ones as in the US. The broadest measure of the economy. Two negative quarters in a row is a common, if rough, definition of recession. See the data0.8% a year earlier | 0.4%Jun qtr 2026, latest available | +0.1 ptsvs Mar qtr 2026 | Wed, 2 Dec | |
| Australian GDP growth (year on year)Australian GDP growth (year on year) Real GDP growth over the past year: the change in chain-volume GDP, seasonally adjusted, from the ABS national accounts. Smooths out quarterly noise; compare it with population growth to see whether output per person is rising. See the data1.9% a year earlier | 2.1%Jun qtr 2026, latest available | −0.4 ptsvs Mar qtr 2026 | – | |
| Australian GDP per person (real)Australian GDP per person (real) The change over 12 months in real GDP per person, seasonally adjusted. Strong population growth can lift GDP while output per person falls: the so-called per-capita recession. See the data0.4% a year earlier | 0.7%Jun qtr 2026, latest available | −0.3 ptsvs Mar qtr 2026 | Wed, 2 Dec | |
| Australian current account balanceAustralian current account balance Australia's balance of trade, income and transfers with the rest of the world each quarter, seasonally adjusted. Negative means a deficit. A deficit is funded by foreign borrowing or investment, leaving the Australian dollar sensitive to global sentiment. See the dataWidest deficit since at least 1999 | −A$27.2 bnJun qtr 2026, latest available | −A$1.8 bnvs Mar qtr 2026 | Tue, 1 Dec | |
| Australian goods trade balanceAustralian goods trade balance Exports minus imports of goods each month, seasonally adjusted (services are not included). Swings with iron ore, coal and gas prices; the surplus has supported the Australian dollar and the budget. See the dataA$872m a year earlier | A$495mAug 2026, latest available | −A$856mvs Jul 2026 | Thu, 5 Novest. A$900m (AI) | |
| Australian company profitsAustralian company profits The quarterly change in company gross operating profits, seasonally adjusted, from the ABS Business Indicators survey. Profits drive investment, hiring and the earnings that underpin share prices; mining dominates the swings. See the data−2.1% a year earlier | 1.8%Jun qtr 2026, latest available | +3.3 ptsvs Mar qtr 2026 | Mon, 30 Nov |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| Australian dollar trade-weighted indexAustralian dollar trade-weighted index The Australian dollar against a basket of trading partners' currencies, weighted by trade, daily at 4pm Sydney time. The RBA's daily table starts in 2023. A broader read of the dollar than the US exchange rate alone; it is what matters for import prices and export competitiveness. See the data60.5 a year earlier | 64.416 Oct | −0.3%vs 15 Oct | – | |
| Australian dollar in Chinese yuanAustralian dollar in Chinese yuan How many Chinese yuan one Australian dollar buys, daily at 4pm Sydney time. China is Australia's largest trading partner, buying most of its iron ore. See the data4.6265 a year earlier | 4.646916 Oct | −0.2%vs 15 Oct | – | |
| Australian dollar in Japanese yenAustralian dollar in Japanese yen How many Japanese yen one Australian dollar buys, daily at 4pm Sydney time. Japan is a major buyer of Australian coal and gas, and AUD/JPY is a widely watched gauge of global risk appetite. See the data98.06 a year earlier | 109.6716 Oct | −0.2%vs 15 Oct | – | |
| Australian dollar in eurosAustralian dollar in euros How many euros one Australian dollar buys, daily at 4pm Sydney time. Sets the cost of European imports and travel, and the value of European investments held by Australians. See the data0.5569 a year earlier | 0.618716 Oct | −0.2%vs 15 Oct | – | |
| RBA commodity price index (A$)RBA commodity price index (A$) The change over 12 months in the RBA's index of prices for Australia's commodity exports, in Australian dollars. Export prices drive national income, company profits, the budget and the Australian dollar. See the data6.5% a year earlier | 6.6%Sept 2026 | +0.1 ptsvs Aug 2026 | – | |
| Bulk commodity prices (iron ore, coal, gas)Bulk commodity prices (iron ore, coal, gas) The change over 12 months in the RBA's index of bulk commodity export prices (iron ore, coking and thermal coal, LNG), in US dollars. Bulk commodities are the largest part of Australia's exports, and their prices swing the most. See the data−0.5% a year earlier | 1.5%Sept 2026 | −2.2 ptsvs Aug 2026 | – | |
| Iron ore priceIron ore price The monthly average price of iron ore (fines, China import), from the IMF's primary commodity prices via FRED. Published with a lag of about two months. Australia's largest export. It drives BHP, Rio Tinto and Fortescue earnings, mining royalties and the federal budget. See the dataUS$101.2/t a year earlier | US$101.6/tJul 2026, latest available | −2.1%vs Jun 2026 | – | |
| Australian coal priceAustralian coal price The monthly average price of Australian thermal coal (Newcastle), from the IMF via FRED. A major export to Japan, Korea, China and India, and a large source of state royalties. See the dataUS$116.3/t a year earlier | US$140.4/tJul 2026, latest available | −6.6%vs Jun 2026 | – | |
| Asian LNG priceAsian LNG price The monthly average price of liquefied natural gas delivered to Japan, from the IMF via FRED. Australia is one of the world's largest LNG exporters; Asian prices also shape domestic gas prices. See the dataUS$12.26/mmBtu a year earlier | US$19.56/mmBtuJul 2026, latest available | +13.8%vs Jun 2026 | – | |
| Copper priceCopper price The monthly average price of copper (London Metal Exchange grade A), from the IMF via FRED. Used throughout construction and electrification, so often read as a gauge of global industrial demand. See the dataUS$9,771/t a year earlier | US$13,543/tJul 2026, latest available | −0.1%vs Jun 2026 | – |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| Australian money supply growth (M3)Australian money supply growth (M3) The change over 12 months in M3: currency plus bank deposits, seasonally adjusted. Fast money growth tends to support asset prices and spending; slow growth signals tight credit. See the dataLowest since July 2025 | 6.8%Aug 2026 | −0.7 ptsvs Jul 2026 | – | |
| Australian money supply (M1)Australian money supply (M1) Currency plus current (transaction) deposits with banks, seasonally adjusted. The most spendable money; it swelled in 2020 and 2021 and has shrunk as savers moved to higher-paying deposits. See the dataA$1.89 tn a year earlier | A$2.01 tnAug 2026 | +0.2%vs Jul 2026 | – | |
| Australian money baseAustralian money base Currency held by the public plus banks' deposits with the Reserve Bank (sometimes called M0). Grew sharply with the RBA's bond buying in 2020 and 2021, and has fallen as those bonds mature. See the dataA$311.6 bn a year earlier | A$304.9 bnAug 2026 | −1.0%vs Jul 2026 | – | |
| RBA balance sheetRBA balance sheet Total assets of the Reserve Bank of Australia, weekly. Its expansion through bond purchases and term funding in the pandemic added liquidity; its run-off removes it. See the dataA$400.2 bn a year earlier | A$346.9 bn14 Oct | −0.8%vs 7 Oct | – | |
| Australian official gold holdingsAustralian official gold holdings The value of the gold held in Australia's official reserve assets, in Australian dollars. Australia holds about 80 tonnes; the value moves with the gold price and the Australian dollar. See the dataA$14.51 bn a year earlier | A$15.37 bnSept 2026 | −6.0%vs Aug 2026 | – |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| Australian household debt to incomeAustralian household debt to income Total household debt as a share of annual household disposable income, from the RBA. Among the highest ratios in the developed world, which makes Australian households especially sensitive to interest rates. See the dataHighest since September quarter 2024 | 178.4%Jun qtr 2026 | +1.2 ptsvs Mar qtr 2026 | – |
United States
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| US federal funds target (upper)US federal funds target (upper) The top of the Federal Reserve's target range for the overnight rate between US banks. The world's most important policy rate. It pulls on global borrowing costs and on the Australian dollar. See the data4.25% a year earlier | 4.00%18 Oct | raised 0.25 ptssince 17 Sept | Thu, 29 Octest. 4.00% | |
| US federal funds rate (effective)US federal funds rate (effective) The average rate US banks actually charged each other overnight, monthly average. Shows where policy is in practice, inside the Fed's target range. See the data4.22% a year earlier | 3.75%Sept 2026 | +0.12 ptsvs Aug 2026 | – | |
| US 2-year Treasury yieldUS 2-year Treasury yield The market yield on 2-year US Government bonds. Tracks where investors expect the Federal Reserve's rate to be over the next two years. See the data3.50% a year earlier | 4.77%15 Oct | −0.05 ptsvs 14 Oct | – | |
| US 10-year Treasury yieldUS 10-year Treasury yield The market yield on 10-year US Government bonds. The world's benchmark long-term interest rate. It feeds into Australian bond yields and the price of growth shares everywhere. See the data4.05% a year earlier | 5.10%15 Oct | −0.09 ptsvs 14 Oct | – | |
| US 30-year Treasury yieldUS 30-year Treasury yield The market yield on 30-year US Government bonds. Reflects long-run inflation and fiscal expectations; it sets the cost of the longest-dated borrowing. See the data4.64% a year earlier | 5.43%15 Oct | −0.09 ptsvs 14 Oct | – | |
| US yield curve (10-year minus 2-year)US yield curve (10-year minus 2-year) The 10-year US Treasury yield minus the 2-year yield. When it falls below zero (inverts), investors expect rates to be cut, usually because they expect a slowdown. Inversions preceded each US recession since the late 1970s, with lags of months to years, and there have been false signals. See the dataPositive: long rates above short | 0.35 pts16 Oct | +0.02 ptsvs 15 Oct | – | |
| US yield curve (10-year minus 3-month)US yield curve (10-year minus 3-month) The 10-year US Treasury yield minus the 3-month Treasury bill yield. The spread used in the New York Federal Reserve's model of recession probability. See the dataPositive: long rates above short | 0.83 pts16 Oct | +0.01 ptsvs 15 Oct | – | |
| US high-yield credit spreadUS high-yield credit spread The extra yield investors demand to hold US junk-rated company bonds over Treasuries of similar maturity. FRED publishes only the most recent three years of this series. It widens when lenders fear defaults, and has tended to move before shares do in a downturn. See the data2.95 pts a year earlier | 3.23 pts15 Oct | −0.02 ptsvs 14 Oct | – | |
| US dollar index (broad)US dollar index (broad) The value of the US dollar against a broad basket of trading partners' currencies, weighted by trade. Similar in spirit to the DXY, which uses six currencies. A strong US dollar usually means a weaker Australian dollar and tighter conditions for emerging markets and commodities. See the data121.09 a year earlier | 121.609 Oct, latest available | +0.1%vs 8 Oct | – |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| US ISM manufacturing PMIUS ISM manufacturing PMI A survey of purchasing managers at about 400 US manufacturers, combining new orders, production, employment, supplier deliveries and inventories. Above 50 means activity is expanding; below 50, contracting. Published on the first business day of the month, ahead of almost every other US figure, so markets treat it as an early read on the cycle. Readings below about 42.5 have historically lined up with recessions in the wider economy. See the data48.9 a year earlier | 54.5Sept 2026 | −0.2%vs Aug 2026 | Tue, 3 Novest. 54.4 (AI) | |
| US ISM manufacturing new ordersUS ISM manufacturing new orders The share of manufacturers reporting more new orders than a month earlier, less those reporting fewer, expressed as an index around 50. Orders come before production, so this is the most forward-looking part of the survey. See the data48.9 a year earlier | 55.3Sept 2026 | +3.0%vs Aug 2026 | Tue, 3 Nov | |
| US ISM manufacturing prices paidUS ISM manufacturing prices paid Whether manufacturers are paying more or less for their inputs than a month earlier. An early signal for producer and consumer inflation, often months ahead of the official price indices. See the data61.9 a year earlier | 77.9Sept 2026 | +9.6%vs Aug 2026 | Tue, 3 Nov | |
| US ISM manufacturing employmentUS ISM manufacturing employment Whether manufacturers are adding or cutting staff compared with a month earlier. Released days before the jobs report, it is read as a hint of factory hiring. See the data45.3 a year earlier | 52.7Sept 2026 | +2.9%vs Aug 2026 | – | |
| US ISM services PMIUS ISM services PMI A survey of purchasing managers at about 400 US services businesses: business activity, new orders, employment and supplier deliveries. Above 50 means expanding. Services are most of the US economy, so this covers far more of it than the manufacturing survey. See the data50.3 a year earlier | 54.9Sept 2026 | −0.9%vs Aug 2026 | Thu, 5 Novest. 54.7 (AI) | |
| US ISM services business activityUS ISM services business activity Whether services firms' activity rose or fell compared with a month earlier. The services counterpart of manufacturing production: what firms are doing now. See the data49.9 a year earlier | 56.5Sept 2026 | −8.4%vs Aug 2026 | – | |
| US ISM services new ordersUS ISM services new orders Whether services firms received more or fewer new orders than a month earlier. The forward-looking part of the services survey. See the data50.4 a year earlier | 59.8Sept 2026 | −1.8%vs Aug 2026 | Thu, 5 Nov | |
| US ISM services prices paidUS ISM services prices paid Whether services firms are paying more or less for what they buy than a month earlier. Services inflation is the stickiest part of inflation, and the part central banks watch most closely. See the dataHighest since at least 2023 | 74.0Sept 2026 | +1.9%vs Aug 2026 | Thu, 5 Nov |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| US inflation (CPI)US inflation (CPI) The change in the US consumer price index over the previous 12 months, seasonally adjusted. It drives what the Federal Reserve does next, and through it, global interest rates. See the data3.0% a year earlier | 3.7%Sept 2026 | +0.3 ptsvs Aug 2026 | Wed, 11 Nov | |
| US core inflation (CPI)US core inflation (CPI) Consumer price inflation over 12 months excluding food and energy, which swing with harvests and oil prices. The Federal Reserve watches underlying inflation more closely than the headline figure. See the data3.0% a year earlier | 2.6%Sept 2026 | +0.2 ptsvs Aug 2026 | Wed, 11 Nov | |
| US PCE inflationUS PCE inflation The change over 12 months in the personal consumption expenditures price index. The Federal Reserve's 2 per cent target is defined in terms of PCE inflation, not the CPI. See the data2.7% a year earlier | 3.4%Aug 2026, latest available | little changedvs Jul 2026 | Thu, 29 Octest. 3.5% (AI) | |
| US core PCE inflationUS core PCE inflation PCE inflation over 12 months excluding food and energy. The Federal Reserve's preferred gauge of underlying inflation. See the data2.9% a year earlier | 3.0%Aug 2026, latest available | little changedvs Jul 2026 | Thu, 29 Oct | |
| US food inflationUS food inflation The change over 12 months in the food component of the US consumer price index. Food prices weigh heavily on household budgets and on how people feel about inflation. See the dataLowest since January 2025 | 2.5%Sept 2026 | −0.1 ptsvs Aug 2026 | Wed, 11 Nov | |
| US producer prices (final demand)US producer prices (final demand) The change over 12 months in prices US producers receive for goods, services and construction sold for final use. Cost pressure at the factory gate tends to reach consumer prices with a lag. See the dataHighest since December 2022 | 6.3%Sept 2026 | +0.7 ptsvs Aug 2026 | Sat, 14 Nov |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| US unemployment rateUS unemployment rate The share of the US labour force without a job and looking for one, seasonally adjusted. Half of the Federal Reserve's mandate. A rise of half a point or more from its recent low has historically come early in US recessions. See the data4.4% a year earlier | 4.2%Sept 2026 | +0.1 ptsvs Aug 2026 | Sat, 7 Nov | |
| US jobs added (non-farm payrolls)US jobs added (non-farm payrolls) The monthly change in the number of people on US non-farm payrolls, seasonally adjusted. The most watched US release of each month. Figures are revised in the following two months, sometimes heavily. See the data76k a year earlier | 29kSept 2026 | −104kvs Aug 2026 | Sat, 7 Novest. 55k (AI) | |
| US employment-to-population ratioUS employment-to-population ratio The share of the US population aged 16 and over that has a job. Unlike the unemployment rate, it is not flattered by people giving up looking for work. See the data59.7% a year earlier | 59.2%Sept 2026 | +0.1 ptsvs Aug 2026 | Sat, 7 Nov | |
| US wage growthUS wage growth The change over 12 months in average hourly earnings of US private-sector employees. Wages above inflation support spending; wages well above productivity growth can keep inflation high. See the dataLowest since May 2021 | 3.0%Sept 2026 | −0.1 ptsvs Aug 2026 | Sat, 7 Nov | |
| US initial jobless claimsUS initial jobless claims New claims for unemployment insurance filed each week, seasonally adjusted. One of the most timely readings of the US job market, published every Thursday. See the data233k a year earlier | 199k10 Oct | +0.5%vs 3 Oct | – |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| US consumer sentimentUS consumer sentiment The University of Michigan survey of how US households feel about their finances and the economy. Consumer spending is about two thirds of the US economy. Sentiment is an early read on it. See the data58.2 a year earlier | 51.7Aug 2026, latest available | −6.3%vs Jul 2026 | Sat, 24 Octest. 52.5 (AI) | |
| US retail salesUS retail sales The monthly change in the value of US retail and food-service sales, seasonally adjusted, not adjusted for inflation. The first hard read on consumer spending each month. See the data0.1% a year earlier | 0.8%Sept 2026 | −0.5 ptsvs Aug 2026 | Wed, 18 Nov | |
| US consumer spendingUS consumer spending The change over 12 months in US personal consumption expenditures, in current dollars. Household spending drives most of the US economy and much of world demand. See the data5.6% a year earlier | 6.1%Aug 2026, latest available | +0.4 ptsvs Jul 2026 | Thu, 29 Oct | |
| US personal saving rateUS personal saving rate The share of after-tax income that US households save. A low rate leaves households less room to keep spending if conditions worsen. See the dataLowest since November 2022 | 4.1%Aug 2026, latest available | −0.5 ptsvs Jul 2026 | Thu, 29 Oct | |
| US petrol priceUS petrol price The average US retail price of regular petrol, weekly. A visible price that shapes inflation expectations and how much households have left to spend. See the dataUS$3.12/gal a year earlier | US$4.33/gal12 Oct | −0.5%vs 5 Oct | – | |
| US vehicle salesUS vehicle sales New light vehicles sold in the US, at a seasonally adjusted annual rate. A big-ticket purchase that falls quickly when households or lenders turn cautious. See the data17.0m a year earlier | 16.4mSept 2026 | −3.5%vs Aug 2026 | – |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| US 30-year mortgage rateUS 30-year mortgage rate The average rate on a 30-year fixed US home loan, from Freddie Mac's weekly survey. Sets what Americans can afford to borrow, and so the pace of home sales and building. See the data6.30% a year earlier | 7.40%15 Oct | unchangedvs 8 Oct | – | |
| US new home salesUS new home sales New single-family homes sold, at a seasonally adjusted annual rate. Housing turns early in the cycle; sales lead construction and the demand for materials. See the data698k a year earlier | 684kAug 2026, latest available | +6.4%vs Jul 2026 | Wed, 28 Octest. 665k (AI) | |
| US building permitsUS building permits New private homes authorised by building permits, at a seasonally adjusted annual rate. Permits come before construction, so they lead housing activity and the demand for materials such as timber and steel. See the data1,347k a year earlier | 1,403kAug 2026, latest available | −2.1%vs Jul 2026 | Tue, 20 Octest. 1,405k (AI) |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| US GDP growth (annualised)US GDP growth (annualised) Real GDP growth in the quarter, expressed as an annual rate, as US statistics conventionally report it. The broadest measure of the US economy. Annualised figures are about four times a plain quarterly change. See the data4.0% a year earlier | 2.2%Jun qtr 2026, latest available | −0.3 ptsvs Mar qtr 2026 | Thu, 29 Octest. 2.0% (AI) | |
| US real GDP growth (year on year)US real GDP growth (year on year) The change in inflation-adjusted US GDP over the past four quarters. Comparable with how Australia and most other countries report growth. See the data2.4% a year earlier | 2.2%Jun qtr 2026, latest available | −0.4 ptsvs Mar qtr 2026 | Thu, 29 Oct | |
| US trade balanceUS trade balance US exports minus imports of goods and services each month, seasonally adjusted. Negative means a deficit. The US has run a deficit for decades; its size reflects American demand for the rest of the world's goods, and is a focus of tariff policy. See the dataWidest deficit since March 2025 | −US$105.6 bnAug 2026, latest available | −US$12.8 bnvs Jul 2026 | Thu, 5 Novest. −US$97.0 bn (AI) | |
| US exportsUS exports US exports of goods and services each month, seasonally adjusted. A gauge of world demand for US goods, and of the strong dollar's bite. See the dataUS$284.7 bn a year earlier | US$315.2 bnAug 2026, latest available | +1.4%vs Jul 2026 | Thu, 5 Nov | |
| US importsUS imports US imports of goods and services each month, seasonally adjusted. US demand for the rest of the world's goods, including the Asian manufacturing that buys Australian resources. See the dataUS$344.4 bn a year earlier | US$420.8 bnAug 2026, latest available | +4.3%vs Jul 2026 | Thu, 5 Nov |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| US money supply growth (M2)US money supply growth (M2) The change over 12 months in M2: cash, bank deposits and money market funds. Fast growth tends to support asset prices and inflation; M2 shrank in 2022 and 2023 for the first time in decades. See the dataHighest since June 2022 | 5.7%Aug 2026, latest available | +0.3 ptsvs Jul 2026 | – | |
| US money supply (M1)US money supply (M1) Cash and deposits that can be spent immediately. Its definition was widened in May 2020 to include savings deposits, which explains the jump that month. The most spendable money in the economy. See the dataUS$18.84 tn a year earlier | US$19.99 tnAug 2026, latest available | +0.5%vs Jul 2026 | – | |
| US monetary baseUS monetary base Currency in circulation plus the reserves banks hold at the Federal Reserve (sometimes called M0). Moves with the Fed's balance sheet; it ballooned with quantitative easing and shrinks with tightening. See the dataUS$5.69 tn a year earlier | US$5.41 tnAug 2026, latest available | −2.0%vs Jul 2026 | – | |
| Federal Reserve balance sheetFederal Reserve balance sheet Total assets held by the Federal Reserve, weekly. Growth (quantitative easing) adds liquidity to markets; shrinkage (quantitative tightening) removes it. See the dataUS$6.59 tn a year earlier | US$6.76 tn14 Oct | +0.1%vs 7 Oct | – | |
| US velocity of money (M2)US velocity of money (M2) GDP divided by the M2 money supply: how many times a dollar changes hands in a year. Falling velocity means new money is being held rather than spent, which mutes its effect on inflation. See the dataHighest since December quarter 2019 | 1.42Jun qtr 2026, latest available | +0.2%vs Mar qtr 2026 | – | |
| US consumer credit growthUS consumer credit growth The change over 12 months in US consumer credit outstanding: credit cards, car loans and student loans, excluding mortgages. Borrowing growth supports spending now; a sharp slowdown can signal stress or tighter lending. See the data0.1% a year earlier | 2.7%Aug 2026, latest available | +0.1 ptsvs Jul 2026 | – |
| Indicator | LatestRevisions Changes to a figure after it was first published, as more complete data arrives. GDP and jobs figures are often revised by meaningful amounts. Learn more | ChangePercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more | Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more | Trend, two years |
|---|---|---|---|---|
| US household debt to GDPUS household debt to GDP US household debt as a share of the economy, compiled by the Bank for International Settlements. High household debt makes an economy more sensitive to interest rates. See the dataLowest since at least 2005 | 66.6%Mar qtr 2026, latest available | −3.3 ptsvs Dec qtr 2025 | – | |
| US household debt service ratioUS household debt service ratio Required mortgage and consumer debt payments as a share of US household after-tax income. Shows how much of their income households must hand to lenders before spending anything. See the dataLowest since March quarter 2025 | 11.1%Jun qtr 2026, latest available | −0.1 ptsvs Mar qtr 2026 | – | |
| US household mortgage debtUS household mortgage debt Mortgage debt on one-to-four-family homes owed by US households and non-profits. The largest part of US household debt, and the part most exposed to house prices. See the dataUS$13.60 tn a year earlier | US$14.01 tnJun qtr 2026, latest available | +1.1%vs Mar qtr 2026 | – |
Change is on the previous reading. Context compares the latest reading with the series' own history. Sources: Reserve Bank of Australia, Australian Bureau of Statistics, Federal Reserve Bank of St. Louis (FRED).
The RBA cash rate target
%, daily, since 2011
0.02.04.06.04 Jan 201129 Nov 201816 Oct 2026
US yield curve, past five years
10-year minus 2-year Treasury yield, percentage points. Below zero means inverted.
−2−101215 Oct 202119 Apr 202416 Oct 2026