2.5 KiB
2.5 KiB
name, description
| name | description |
|---|---|
| openbb-macro | Macroeconomic analysis using OpenBB - GDP, inflation, interest rates, employment, global economic indicators |
OpenBB Macroeconomic Analysis
Analyze global macroeconomic trends and indicators using OpenBB Platform.
Usage
/openbb-macro [--country US|UK|EU|CN|JP] [--indicators gdp|inflation|rates|employment|all]
What This Command Does
Retrieves and analyzes macroeconomic indicators to understand economic trends and market implications.
Key Features
Economic Indicators
- GDP: Growth rates, forecasts, components
- Inflation: CPI, PPI, PCE, core inflation
- Interest Rates: Federal funds, treasury yields, central bank rates
- Employment: Unemployment, NFP, job openings, labor participation
- Consumer: Confidence, spending, retail sales
- Manufacturing: PMI, industrial production, capacity utilization
Workflow
from openbb import obb
# GDP Analysis
gdp_data = obb.economy.gdp(country="US")
print(f"GDP Growth: {gdp_data.growth_rate:.2f}%")
print(f"GDP per Capita: ${gdp_data.gdp_per_capita:,.0f}")
# Inflation Data
cpi = obb.economy.cpi(country="US")
print(f"CPI (YoY): {cpi.yoy_change:.2f}%")
print(f"Core CPI: {cpi.core_cpi:.2f}%")
# Interest Rates
rates = obb.economy.fed_rates()
print(f"Fed Funds Rate: {rates.current_rate:.2f}%")
print(f"10Y Treasury: {rates.treasury_10y:.2f}%")
# Employment
employment = obb.economy.employment()
print(f"Unemployment Rate: {employment.unemployment_rate:.1f}%")
print(f"NFP (last month): {employment.nfp_change:+,}")
Market Impact Analysis
# Analyze impact on markets
print("\n💡 Market Implications:")
if cpi.yoy_change > 3.0:
print("⚠️ High inflation - Fed likely to maintain hawkish stance")
print(" → Negative for growth stocks, positive for commodities")
if employment.unemployment_rate < 4.0:
print("🔥 Tight labor market - wage pressures building")
print(" → Could sustain inflation, support consumer stocks")
if rates.current_rate > 5.0:
print("💸 High interest rates - restrictive monetary policy")
print(" → Headwind for equities, tailwind for bonds")
Examples
# US macro overview
/openbb-macro --country=US --indicators=all
# UK inflation focus
/openbb-macro --country=UK --indicators=inflation
# China GDP analysis
/openbb-macro --country=CN --indicators=gdp
Integration
- Correlate with equity performance via
/openbb-equity - Impact crypto markets via
/openbb-crypto - Portfolio positioning via
/openbb-portfolio