# Liquidity Dashboard

> Liquidity Dashboard (https://liquiditydashboard.net) tracks global liquidity: the money and credit moving through the financial system. It has a free daily Global Liquidity Index and Fed Net Liquidity, and 112 macro charts on central banks, rates, credit and markets. Pro (US$20 a month, free for 10 days) unlocks all 112 charts, the weekly liquidity note in full, momentum alerts, custom charts and an MCP connector to use them in Claude, ChatGPT and other AI apps.

## Latest readings
- Global Liquidity Index: US$194.85 trillion for the week to 2 November 2026, up 0.12% on the week and up 5.1% on a year earlier. Source: https://liquiditydashboard.net/global-liquidity-index
- Fed Net Liquidity (Fed balance sheet minus Treasury General Account minus reverse repo): US$5.73 trillion on 30 October 2026, up 2.5% on a year earlier. Source: https://liquiditydashboard.net/fed-net-liquidity
- Fed balance sheet: US$6.75 trillion (28 October 2026 · −US$8.0 billion on the week · +US$156 billion on the year). Source: https://liquiditydashboard.net/indicators/fed-balance-sheet
- Bank reserves: US$2.89 trillion (28 October 2026 · −US$69 billion on the week · −US$39 billion on the year). Source: https://liquiditydashboard.net/indicators/bank-reserves
- Overnight reverse repo: US$5.1 billion (2 November 2026 · +US$4.9 billion on the week · −US$47 billion on the year). Source: https://liquiditydashboard.net/indicators/reverse-repo
- Treasury General Account: US$1.02 trillion (28 October 2026 · +US$70 billion on the week · +US$111 billion on the year). Source: https://liquiditydashboard.net/indicators/treasury-general-account
- Standing Repo Facility: US$0 (30 October 2026 · unchanged on the week · −US$5.0 billion on the year). Source: https://liquiditydashboard.net/indicators/standing-repo-facility
- SOFR: 3.95% (30 October 2026 · −0.09 points on the year). Source: https://liquiditydashboard.net/indicators/sofr
- Effective Fed funds rate: 3.88% (30 October 2026 · +0.01 points on the year). Source: https://liquiditydashboard.net/indicators/fed-funds-rate
- SOFR minus 2-year Treasury yield: −0.67 points (29 October 2026 · Tight · +0.45 points a year earlier). Source: https://liquiditydashboard.net/indicators/sofr-2-year-treasury-spread
- 2-year Treasury yield: 4.61% (29 October 2026 · +1.02 points on the year). Source: https://liquiditydashboard.net/indicators/2-year-treasury-yield
- 10-year minus 2-year yield curve: +0.38 points (30 October 2026 · Not inverted · −0.12 points on the year). Source: https://liquiditydashboard.net/indicators/yield-curve-10y-2y
- 10-year minus 3-month yield curve: +0.78 points (30 October 2026 · Not inverted · +0.59 points on the year). Source: https://liquiditydashboard.net/indicators/yield-curve-10y-3m
- M2 money supply: US$23.41 trillion (September 2026 · +5.7% on the year). Source: https://liquiditydashboard.net/indicators/m2-money-supply
- CPI inflation: 3.7% (Year to September 2026 · +0.6% on the month). Source: https://liquiditydashboard.net/indicators/cpi-inflation
- Unemployment rate: 4.2% (September 2026 · −0.2 points on the year). Source: https://liquiditydashboard.net/indicators/unemployment-rate
- Chicago Fed financial conditions: −0.49 (Week of 23 October 2026 · Looser than average · −0.52 a year earlier). Source: https://liquiditydashboard.net/indicators/financial-conditions
- These pages update every day. When citing a number, link the page and give its date.

## Key pages
- [Global Liquidity Index today](https://liquiditydashboard.net/global-liquidity-index): the latest reading, 5-year chart, recent weekly values, what's in it, FAQ and a CSV download. Free.
- [Fed Net Liquidity today](https://liquiditydashboard.net/fed-net-liquidity): WALCL minus TGA minus RRP, latest value, components, chart and CSV. Free.
- [Liquidity Dashboard Pro](https://liquiditydashboard.net/pro): what Pro includes, pricing (US$20 a month after a 10-day free trial) and FAQ.
- [Pro MCP connector for Claude and ChatGPT](https://liquiditydashboard.net/ai-connector): add https://liquiditydashboard.net/mcp/pro to Claude, ChatGPT or any MCP app to ask about any chart with its data and read the full research. How to connect.
- [All 112 charts](https://liquiditydashboard.net/charts): every chart by central bank and topic, with what it shows and whether it's free or Pro.
- [How the Global Liquidity Index is built](https://liquiditydashboard.net/methodology): inputs, sources, update schedule and limits.
- [Dashboard](https://liquiditydashboard.net/dashboard): the live charts (interactive; needs JavaScript).
- [Macro Research](https://liquiditydashboard.net/research): notes on global liquidity, central banks and markets, including a weekly note. The first two paragraphs of each are free.
- [Liquidity indicators today](https://liquiditydashboard.net/indicators): the latest Fed balance sheet, bank reserves, reverse repo, TGA, SOFR, Fed funds, yield curve, M2, CPI and financial conditions, one page each. Free.
- [Learn](https://liquiditydashboard.net/learn): plain-English guides: What is global liquidity?; Global liquidity and Bitcoin; Global liquidity and the stock market; How quantitative tightening drains liquidity; TGA, reverse repo and bank reserves; The global liquidity cycle; Repo market stress; How to track global liquidity.
- [Free data, embeds and API](https://liquiditydashboard.net/data): JSON and CSV files, embeddable live charts and a public API.

## For AI agents and developers
- MCP server: https://liquiditydashboard.net/mcp (Streamable HTTP, read-only, no sign-in). Tools for the Global Liquidity Index, Fed Net Liquidity, each indicator, the chart library and research. Card: https://liquiditydashboard.net/.well-known/mcp/server-card.json
- Pro MCP server: https://liquiditydashboard.net/mcp/pro (OAuth; a person connects their account, read-only): adds the data behind every chart and full research posts. Agents can register per https://liquiditydashboard.net/auth.md
- Data: https://liquiditydashboard.net/global-liquidity-index.json, https://liquiditydashboard.net/fed-net-liquidity.json (and .csv), https://api.liquiditydashboard.net/api/snapshot. OpenAPI: https://liquiditydashboard.net/openapi.json. API catalog: https://liquiditydashboard.net/.well-known/api-catalog. Access: https://liquiditydashboard.net/auth.md
- A2A agent: https://liquiditydashboard.net/a2a (JSON-RPC; card at https://liquiditydashboard.net/.well-known/agent-card.json). Ask it in plain English, e.g. "How much are bank reserves?"
- Any page is available as markdown: send the header Accept: text/markdown.

## Pro
- Price: US$20 a month. Free for 10 days; a card is needed to start, nothing is charged until the trial ends, an email goes out 3 days before, and you can cancel any time in Settings. Start at https://liquiditydashboard.net/dashboard#pro
- All 112 charts (104 are Pro-only): Fed balance sheet, reserves and repo, policy rates, yield curves, credit spreads, inflation, jobs and growth, the ECB, Bank of England, Bank of Japan and PBoC, FX, volatility, commodities and Middle East oil flows.
- An MCP connector (https://liquiditydashboard.net/mcp/pro): use the charts' data and the full research in Claude, ChatGPT and other AI apps; read-only, approved by the person and revocable in Settings. Setup: https://liquiditydashboard.net/ai-connector
- The weekly liquidity note in full, an email when global liquidity's 13-week momentum turns, liquidity vs the Nasdaq 100, Bitcoin and gold with a lead/lag slider, custom charts (overlays, leads and lags, log scale), alerts, a webhook relay, and PNG/SVG/CSV/JSON downloads.
- Free without an account: the Global Liquidity Index, Fed Net Liquidity, the AI positioning assistant and 8 charts (one on each tab).

## Macro Research
- [The Inevitable Growth of the State and Money Supply](https://liquiditydashboard.net/research/the-inevitable-growth-of-the-state-and-money-supply) (31 Oct 2026): Demand for capital hasn't been this high in decades, and various factors suggest it will continue far into the future.
- [Possible AI Crash? No, Not Any Time Soon](https://liquiditydashboard.net/research/possible-ai-crash-no-not-any-time-soon) (28 Oct 2026): The current AI buildout is increasingly fuelled by debt and financial leverage, a trend highlighted by Anthropic’s S1 filing and forecasts for accelerating corporate borrowing.
- [Outlook for 2027](https://liquiditydashboard.net/research/outlook-for-2027) (21 Oct 2026): The outlook for 2027 remains somewhat uncertain, but judging by current financial conditions, the trajectory is becoming clearer.

## About the data
- Sources: FRED (the Federal Reserve, the U.S. Treasury, the Bureau of Labor Statistics, the Bureau of Economic Analysis and others), the ECB, the Bank of Japan, the BIS, the U.S. Energy Information Administration, the Institute for Supply Management, Yahoo Finance, chinadata.live, CrossBorder Capital and Vortexa.
- The Global Liquidity Index is Liquidity Dashboard's own estimate from public data, not an official statistic. Everything on the site is general information, not financial advice.
- Contact: contact@liquiditydashboard.net