Rates & inflation
Interest rates and inflation decide what is left of a return in real terms. This section carries the official series from the ECB, Eurostat and the St. Louis Fed’s FRED database — refreshed daily, with full history and linked directly to the calculators that use them.
Topics
- ECB policy rateCurrent ECB main refinancing rate, deposit facility rate and €STR with full history since 1999 — plus what …
- German mortgage ratesEffective interest rate on new German housing loans (ECB MIR statistics) with history, compared to the 10-year …
- German savings ratesAverage interest on overnight household deposits in Germany versus the ECB deposit rate — the gap shows what …
- Government bond yields10-year German and US government bond yields over time — the reference for mortgage rates, equity valuation …
- Inflation in Germany and the euro areaCurrent inflation rate for Germany and the euro area (HICP, year on year) with long history — and what it …
- Labor market: Germany and the USSeasonally adjusted unemployment rates for Germany (Eurostat) and the US (FRED) side by side, with full …
- US rates and economyFed funds rate, 10-year Treasury yield, US inflation, mortgage rates and unemployment — the figures that move …
Rates, inflation and the economy
| Series | Latest | Change | As of |
|---|---|---|---|
| Germany unemployment rate | 4.00 % | +0.00 pp | 2026-07-01 |
| US unemployment rate | 4.10 % | +0.00 pp | 2026-08-01 |
| Germany mortgage rates (new housing loans) | 3.93 % | -0.02 pp | 2026-07-01 |
| German 10-year government bond yield | 3.19 % | +0.12 pp | 2026-08-01 |
| €STR (euro short-term rate) | 2.19 % | +0.00 pp | 2026-09-15 |
| EUR/USD (ECB reference rate) | 1.1539 USD | -0.0010 USD | 2026-09-15 |
| ECB deposit facility rate | 2.50 % | +0.25 pp | 2026-09-16 |
| ECB main refinancing rate | 2.65 % | +0.25 pp | 2026-09-16 |
| US federal funds rate (effective) | 3.63 % | +0.00 pp | 2026-09-14 |
| Germany inflation rate (HICP, year on year) | 2.90 % | +0.10 pp | 2026-08-01 |
| Euro area inflation rate (HICP, year on year) | 3.30 % | +0.40 pp | 2026-08-01 |
| Germany savings rates (overnight deposits) | 0.50 % | -0.01 pp | 2026-07-01 |
| US 10-year Treasury yield | 4.97 % | +0.01 pp | 2026-09-14 |
| US 30-year fixed mortgage rate | 6.76 % | +0.05 pp | 2026-09-10 |
| US inflation rate (CPI, year on year) | 3.35 % | +0.05 pp | 2026-08-01 |