FRED Macroeconomic Data

by hungson175

9 stars
Not rated
GitHub

About

Connects to the FRED API to retrieve real-time economic data series including GDP, employment statistics, inflation metrics, and monetary policy indicators for data-driven analyses and visualizations.

Details

Author
hungson175
Repository
hungson175/WM_MCP
GitHub stars
9
Categories
AI, Design, Developer Tools, Search, API, Infrastructure, Frontend

- Access to common FRED economic indicators (GDP, Employment, Inflation, etc.)
- Search functionality for FRED data series
- Real-time data fetching from FRED API
- Standardized data format for LLM consumption
- Built using the MCP Python SDK for seamless integration

Setting up with Highlight

This MCP is not yet compatible with Highlight’s one-click setup. However, you can still use it with Highlight by following these steps:

  1. Download and install Highlight from highlightai.com/download
  2. Navigate to the plugins tab and select "Add Custom Plugin"
  3. Configure the plugin with the settings below
    Plugin Name FRED Macroeconomic Data
    Command (node, npx, python, etc.) /path/to/your/.local/bin/uv
    Arguments
    • Argument 1 --directory
    • Argument 2 /path/to/your/WM_mcp
    • Argument 3 run
    • Argument 4 fred_macroeco_server.py
    Environment
    • FRED_API_KEY your_fred_api_key_here

    Please refer to the README for specific instructions on how to obtain API keys or other required environment variables.

  4. Enable "Start Automatically" if you want the plugin to start when Highlight launches

From the repository

1. Clone the repository:

git clone https://github.com/yourusername/WM_mcp.git
cd WM_mcp

2. Create and activate a virtual environment using uv:

uv venv
source .venv/bin/activate # On Windows, use .venv\Scripts\activate

3. Install dependencies using uv:

uv pip install "mcp[cli]>=1.6.0" "colorama>=0.4.6" "numpy>=2.2.4" "pandas>=2.2.3" "python-dotenv>=1.1.0" "requests>=2.32.3"

4. Set up environment variables:

cp .env.example .env

Edit .env and add your FRED API key:
FRED_API_KEY=your_fred_api_key_here

1. Make sure Claude Desktop is installed and running
2. Open Claude Desktop settings:
- Go to Settings > Developer > Edit Config
- Add the following configuration to your claude_desktop_config.json:

{
  "mcpServers": {
    "FRED Macroeconomic Data Server": {
      "command": "/path/to/your/.local/bin/uv",
      "args": [
        "--directory",
        "/path/to/your/WM_mcp",
        "run",
        "fred_macroeco_server.py"
      ]
    }
  }
}
Replace /path/to/your/ with your actual paths. You can find uv's path by running which uv in terminal.

1. First, search online for "using MCP resource in Claude Desktop Client" to understand how to include MCP resources in your conversations.

2. Once you've added the resource, you can interact with FRED data. Example prompt:

Use FRED APIs to get GDPs of USA last 20 years, draw chart

fetch_series_data

Fetch data for any FRED series.

search_series

Search for FRED series by description.

- fetch_series_data - Fetch data for any FRED series
- search_series - Search for FRED series by description

Claude Desktop / Cursor

Paste into your MCP client config file to install this server.

{
    "mcpServers": {
        "fred macroeconomic data": {
            "env": {
                "FRED_API_KEY": "your_fred_api_key_here"
            },
            "args": [
                "--directory",
                "/path/to/your/WM_mcp",
                "run",
                "fred_macroeco_server.py"
            ],
            "command": "/path/to/your/.local/bin/uv"
        }
    }
}

Linux

{
    "env": {
        "FRED_API_KEY": "your_fred_api_key_here"
    },
    "args": [
        "--directory",
        "/path/to/your/WM_mcp",
        "run",
        "fred_macroeco_server.py"
    ],
    "command": "/path/to/your/.local/bin/uv"
}

Macos

{
    "env": {
        "FRED_API_KEY": "your_fred_api_key_here"
    },
    "args": [
        "--directory",
        "/path/to/your/WM_mcp",
        "run",
        "fred_macroeco_server.py"
    ],
    "command": "/path/to/your/.local/bin/uv"
}

Windows

{
    "env": {
        "FRED_API_KEY": "your_fred_api_key_here"
    },
    "args": [
        "--directory",
        "/path/to/your/WM_mcp",
        "run",
        "fred_macroeco_server.py"
    ],
    "command": "/path/to/your/.local/bin/uv"
}

FRED Macroeconomic Data MCP Server

A Model Context Protocol (MCP) server that provides access to Federal Reserve Economic Data (FRED) through Claude and other LLM clients. This server exposes FRED economic data series, search capabilities, and data retrieval tools.

Features

- Access to common FRED economic indicators (GDP, Employment, Inflation, etc.)
- Search functionality for FRED data series
- Real-time data fetching from FRED API
- Standardized data format for LLM consumption
- Built using the MCP Python SDK for seamless integration

Prerequisites

- Python 3.11 or higher
- uv - Modern Python package installer
- Claude Desktop for local usage
- FRED API Key (get one from FRED API)

Installation

1. Clone the repository:

git clone https://github.com/yourusername/WM_mcp.git
cd WM_mcp

2. Create and activate a virtual environment using uv:

uv venv
source .venv/bin/activate # On Windows, use .venv\Scripts\activate

3. Install dependencies using uv:

uv pip install "mcp[cli]>=1.6.0" "colorama>=0.4.6" "numpy>=2.2.4" "pandas>=2.2.3" "python-dotenv>=1.1.0" "requests>=2.32.3"

4. Set up environment variables:

cp .env.example .env

Edit .env and add your FRED API key:
FRED_API_KEY=your_fred_api_key_here

Installing in Claude Desktop

1. Make sure Claude Desktop is installed and running
2. Open Claude Desktop settings:
- Go to Settings > Developer > Edit Config
- Add the following configuration to your claude_desktop_config.json:

{
  "mcpServers": {
    "FRED Macroeconomic Data Server": {
      "command": "/path/to/your/.local/bin/uv",
      "args": [
        "--directory",
        "/path/to/your/WM_mcp",
        "run",
        "fred_macroeco_server.py"
      ]
    }
  }
}
Replace /path/to/your/ with your actual paths. You can find uv's path by running which uv in terminal.

Usage in Claude

1. First, search online for "using MCP resource in Claude Desktop Client" to understand how to include MCP resources in your conversations.

2. Once you've added the resource, you can interact with FRED data. Example prompt:

Use FRED APIs to get GDPs of USA last 20 years, draw chart

Available Resources

- file://series/available - List all available FRED series and their details

Available Tools

- fetch_series_data - Fetch data for any FRED series
- search_series - Search for FRED series by description

Development

For development and testing:

1. Run the MCP Inspector to test the server:

mcp dev fred_macroeco_server.py

This allows you to inspect resources, test tools, and verify server functionality.

2. For direct server execution (to check for issues):

python fred_macroeco_server.py

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