US macro indicator snapshot
Written by Agorean from what the endpoint says about itself
Gives you six US macro indicators in one call: rates, inflation, jobs, GDP, yields, and sentiment.
It returns six US macro indicators in one call, sourced from FRED: the Fed funds rate with the next FOMC date, CPI and PCE inflation with deviation from the Fed's target, nonfarm payrolls and unemployment, GDP with annualized growth, Treasury 2-year and 10-year yields with curve status and the 30-year mortgage rate, and consumer sentiment. Data is cached, not real time, and given as raw values with no forecast or trading signal.
WHEN TO USE THIS
When: I need to know the current Fed funds rate and when the next meeting is
For example: Read the Fed funds rate and next FOMC date fields.
When: I need to see how far inflation is from the Fed's target
For example: Read the deviation from target field.
When: I need to check the yield curve's shape
For example: Read the 2Y/10Y yields and curve status fields.
When: I need a broad macro picture without any interpretation
For example: Use this, since values are raw, with no forecast or signal.
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