FRED API
Tapping the Full Potential of Economic Data
This API is best for developers interested in accessing economic data to create powerful financial applications.
FRED API can provide developers data to use in their financial applications. It allows developers to easily query specific data series, as well as to cross-walk data with its metadata. It is a comprehensive source of economic data and its web-based API is user friendly. FRED API would be a great addition to any financial applications or business ideas related to economic data.
Key features
- Full comprehensive database of economic data
- easy-to-use web-based API for retrieving data
- crosswalk functionality for metadata
- and the ability to query specific data series.
Potential use cases
- Small Business Investment Analysis: Create a web application to help small business owners make data-driven investment decisions based on trends in economic data from the FRED API.
- Currency Trading App: Design a mobile app that uses the FRED API to analyze trends for currency trading strategies.
- Market Risk Calculator: Create a web-based calculator for investors to assess and compare market risk, using data from the FRED API.
As a small business owner, I found the FRED API to be an invaluable resource in making informed business decisions. With its comprehensive database of economic data and user-friendly web-based API, I am able to access the data I need quickly and easily.
Related Technologies
- Quandl API
- World Bank Data API
- Bloomberg API