Analysis
Two series, one timeline
Overlay any two indicators over the window where both exist. Jul 1954 to May 2026.
First series
Second series
Federal Funds Rate (Percent) Unemployment Rate (Percent)
Left axis: Federal Funds Rate · FEDFUNDS. Right axis: Unemployment Rate
· UNRATE. Both from FRED, latest-revised, read from cache.
Correlation is not causation. Two lines moving together is not one moving the other. A shared trend often traces back to a third force, or to chance. This tool overlays the data. It does not explain it.