United States: banking and economic data

Effective federal funds rate was 3.75% in September 2026, down 0.47 pp from September 2025. Over five years it ranged from 0.08% (September 2021) to 5.33% (August 2023). Over its last 12 readings it moved between 3.63% (May 2026) and 4.09% (October 2025). Its ten-year average is 2.44%, so the latest reading is above it. 2-year Treasury yield (constant maturity) was 4.65% in September 2026, up 1.08 pp from September 2025. Over five years it ranged from 0.24% (September 2021) to 5.07% (October 2023). Over its last 12 readings it moved between 3.47% (February 2026) and 4.65% (September 2026). Its ten-year average is 2.55%, so the latest reading is above it. 10-year Treasury yield (constant maturity) was 4.99% in September 2026, up 0.87 pp from September 2025. Over five years it ranged from 1.37% (September 2021) to 4.99% (September 2026). Over its last 12 readings it moved between 4.06% (October 2025) and 4.99% (September 2026). Its ten-year average is 2.90%, so the latest reading is above it.

CPI inflation, 12-month change was 3.74% in September 2026, up 0.73 pp from September 2025. Over five years it ranged from 2.31% (April 2025) to 9.06% (June 2022). Over its last 12 readings it moved between 2.39% (January 2026) and 4.25% (May 2026). Its ten-year average is 3.31%, so the latest reading is above it. Core CPI inflation, 12-month change was 2.56% in September 2026, down 0.45 pp from September 2025. Over five years it ranged from 2.45% (August 2026) to 6.63% (September 2022). Over its last 12 readings it moved between 2.45% (August 2026) and 3.02% (September 2025). Its ten-year average is 3.12%, so the latest reading is below it.

Unemployment rate was 4.20% in September 2026, down 0.20 pp from September 2025. Over five years it ranged from 3.40% (April 2023) to 4.70% (September 2021). Over its last 12 readings it moved between 4.10% (July 2026) and 4.50% (November 2025). Its ten-year average is 4.53%, so the latest reading is below it.

Bank credit, all commercial banks was $19,881.4 bn in September 2026, up 6.1% from September 2025. Over five years it ranged from $15,879.7 bn (September 2021) to $19,881.4 bn (September 2026). Over its last 12 readings it moved between $18,828.2 bn (October 2025) and $19,881.4 bn (September 2026). Its ten-year average is $15,732.9 bn, so the latest reading is above it. Deposits, all commercial banks was $19,636.9 bn in September 2026, up 6.7% from September 2025. Over five years it ranged from $17,231.5 bn (April 2023) to $19,636.9 bn (September 2026). Over its last 12 readings it moved between $18,472.8 bn (October 2025) and $19,636.9 bn (September 2026). Its ten-year average is $15,742.6 bn, so the latest reading is above it. Commercial and industrial loans, all commercial banks was $2,959.4 bn in September 2026, up 10.0% from September 2025. Over five years it ranged from $2,416.8 bn (September 2021) to $2,959.4 bn (September 2026). Over its last 12 readings it moved between $2,692.3 bn (October 2025) and $2,959.4 bn (September 2026). Its ten-year average is $2,537.8 bn, so the latest reading is above it.

Delinquency rate on all loans, all banks was 1.42% in Q2 2026, down 0.07 pp from Q2 2025. Over five years it ranged from 1.19% (Q3 2022) to 1.51% (Q1 2025). Over its last 12 readings it moved between 1.33% (Q3 2023) and 1.51% (Q1 2025). Its ten-year average is 1.50%, so the latest reading is below it. Charge-off rate on all loans, all banks was 0.55% in Q2 2026, down 0.06 pp from Q2 2025. Over five years it ranged from 0.19% (Q4 2021) to 0.68% (Q3 2024). Over its last 12 readings it moved between 0.52% (Q3 2023) and 0.68% (Q3 2024). Its ten-year average is 0.47%, so the latest reading is above it.

Total public debt outstanding was $40,171.8 bn in September 2026, up 6.7% from September 2025. Over five years it ranged from $28,428.9 bn (September 2021) to $40,175.6 bn (August 2026). Over its last 12 readings it moved between $38,040.1 bn (October 2025) and $40,175.6 bn (August 2026). Its ten-year average is $28,787.7 bn, so the latest reading is above it. Debt held by the public was $32,425.0 bn in September 2026, up 7.1% from September 2025. Over five years it ranged from $22,282.9 bn (September 2021) to $32,425.0 bn (September 2026). Over its last 12 readings it moved between $30,570.7 bn (October 2025) and $32,425.0 bn (September 2026). Its ten-year average is $22,321.7 bn, so the latest reading is above it.

The ten largest FDIC-insured banks by total assets at Q2 2026. Rank among 497 banks reporting total assets, 1 = highest. Each bank page has quarterly history from 2016, capital ratios, unrealized securities losses and a peer comparison.

Sources

New York Fed reference rates (via Board H.15) (Federal Reserve Bank of New York). The Effective Federal Funds Rate (EFFR) is subject to the Terms of Use posted at newyorkfed.org. The New York Fed is not responsible for publication of the EFFR by EconoMonitor, does not sanction or endorse any particular republication, and has no liability for your use.

Federal Reserve Board Data Download Program (Board of Governors of the Federal Reserve System). Source: Board of Governors of the Federal Reserve System. EconoMonitor is not affiliated with or endorsed by the Federal Reserve.

Bureau of Labor Statistics Public Data API v1 (U.S. Bureau of Labor Statistics). Source: U.S. Bureau of Labor Statistics. EconoMonitor is not affiliated with or endorsed by BLS.

U.S. Treasury Fiscal Data and daily Treasury yield curve (U.S. Department of the Treasury). Source: U.S. Department of the Treasury. EconoMonitor is not affiliated with or endorsed by the Treasury.

Data and analysis only, not financial advice. Data publishers do not endorse EconoMonitor. See the disclaimer and methodology.