U.S. macro backdrop
MACRO BACKDROP · MARKET VIEW
Market view · as of Jun 4, 2026
Fed funds rate
3.63%
2026-05-01 · 3.64% prior
Unemployment
4.3%
2026-04-01 · 4.3% prior
CPI (index)
332.407
2026-04-01 · 330.293 prior
The federal funds rate stands at 3.63% as of May 1, 2026. Economic data from April 2026 shows the unemployment rate at 4.3% and the Consumer Price Index at 332.407.
Indicators
| Indicator | Latest | Prior | As of |
|---|---|---|---|
| Fed funds rate | 3.63% | 3.64% | 2026-05-01 |
| Unemployment | 4.3% | 4.3% | 2026-04-01 |
| CPI (index) | 332.407 | 330.293 | 2026-04-01 |