FED and ECB Interest Rates

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FED and ECB Interest Rates Indicator

This indicator provides a clear visual representation of the Federal Reserve (FED) and European Central Bank (ECB) interest rates, offering traders and analysts a quick way to track these crucial economic metrics.

• Displays both FED (red) and ECB (blue) interest rates on a single chart
• Shows rates in basis points in the status line for precise reading
• Uses daily data for up-to-date rate information
• Features robust error handling for consistent performance

How It Works:
• Fetches FED rate from FRED and ECB rate from ECONOMICS database
• Plots rates as percentage values on the chart
• Displays rates in basis points when hovering over the chart

Use Cases:
• Monitor central bank policies and their potential impact on markets
• Compare FED and ECB rate trends over time
• Analyze correlation between interest rates and asset prices
• Assist in fundamental analysis for forex, equities, and fixed income trading

Note:
This indicator is for informational purposes only. Always combine this data with other forms of analysis and stay informed about central bank announcements and economic events.

Enhance your trading strategy with real-time insights into two of the world's most influential interest rates!