openbb-fred

What it is and what it does

openbb-fred is an extension that plugs FRED (the Federal Reserve's Economic Data service) into the OpenBB Platform as a data provider. It acts as a bridge between the OpenBB ecosystem and the Federal Reserve's public economic datasets, allowing developers to query economic indicators, time series, and other Fed-published data through a unified OpenBB interface rather than calling FRED's API directly.

The package is a lightweight provider module—it depends only on openbb-core and ships as a pure Python wheel. It's designed for developers building financial analysis tools, economic dashboards, or research applications that need reliable access to Federal Reserve data. The integration handles the provider-specific logic, so users interact with FRED data through OpenBB's standard query patterns.

Use it for:

• Build economic dashboards that pull Fed interest rates, unemployment, and inflation data via OpenBB
• Backtest trading strategies that incorporate FRED economic indicators as signals
• Aggregate Fed data alongside other market data sources through a single OpenBB interface
• Automate reports that combine FRED time series with other financial datasets
• Research macroeconomic trends by querying Fed datasets programmatically

Worth the install?

AI-flagged interpretation of the facts on this page — verify before relying

Integrates FRED (Federal Reserve Economic Data) as a data provider into the OpenBB Platform, enabling programmatic access to Federal Reserve economic datasets.

Yes, if you are already using OpenBB and need FRED data. The package is actively maintained, has low install friction, and no known vulnerabilities. The AGPL-3.0 license is a significant constraint—only adopt it if your project is open-source or you are comfortable with copyleft obligations. For proprietary applications, verify license compatibility before committing.

Install

openbb-fred on PyPI

pip install openbb-fred

uv add openbb-fred

poetry add openbb-fred

Installing openbb-fred

Before you install

Low install friction; a pure Python wheel with a single runtime dependency on openbb-core. Actively maintained with a release within the last 73 days.

License in practice

Licensed under AGPL-3.0-only, which requires that any modifications or derivative works be distributed under the same license and that source code be made available to users. This is a strong copyleft constraint suitable for open-source projects but may conflict with proprietary software strategies.

Quickstart

pip install openbb-fred

from openbb_core.app import OpenBB
obb = OpenBB()
# Access FRED data through the OpenBB platform

Requires Python 3.10 or later; openbb-core must be installed and configured first.

Verify before relying

• Whether FRED API credentials or authentication setup is required beyond pip installation
• What specific FRED endpoints or data categories are exposed through this provider
• Performance characteristics when querying large historical datasets

Package facts

Evidence: openbb_fred-1.6.2-py3-none-any.whl

Tags

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