Real-time monitoring of 13 central banks β rates, QE/QT, yield curves, and policy signals
This dashboard tracks monetary policy decisions, interest rate changes, quantitative easing/tightening programs, and yield curve dynamics across major central banks. Signals are triggered when policy conditions indicate heightened financial stress, such as yield curve inversions (recession predictor), aggressive rate hikes (economic slowdown risk), or emergency liquidity measures (crisis response).
This page tracks policy rates and stance for 13 central banks, the US yield curve (3-month bill against the 10-year note), US and euro-area real rates, balance-sheet trends and upcoming meetings. Data comes from the ECB's statistical API, FRED and OECD series and Alpha Vantage where available, refreshed hourly. Rules turn hikes, cuts, curve inversion and negative real rates into a stress score that feeds the Central Banks region on the main dashboard.
How to read it. Single rate moves matter less than coordination: several banks easing at once usually means policymakers see trouble coming, and a deeply inverted curve has historically preceded US recessions by months. Compare real rates with the stance - cutting while real rates are still high sends a very different message from cutting into negative real rates.
Limitations. Not every central bank offers a free daily feed. Rates for seven of the thirteen, including the People's Bank of China, the Bank of England and the Reserve Bank of Australia, come from a hand-maintained table, as do most balance-sheet and tightening figures. Meeting dates are entered by hand and cover the Fed, ECB, Bank of Japan, Bank of England and Bank of Canada. The euro-area curve figure is estimated from the US curve, not measured directly.