The risk-free rate for United States is typically proxied by the shortest-maturity government bond yield or the central bank's overnight policy rate. It is the baseline discount rate for all United States asset valuations.
Why FX traders watch it
All asset prices in United States are discounted against the risk-free rate. Rising risk-free rates lift the cost of capital, dampen equity valuations, and typically attract foreign capital to usd-denominated bonds.
How to interpret the data
Rising risk-free rates relative to global peers support the usd via carry and capital flow channels. Falling rates signal monetary easing expectations and are typically usd-negative.
Optional upper bound. Defaults to the current date.
api_key
CONDITIONAL
string
Required for non-USD announcement requests. USD announcement requests are public without an API key.
Example Usage
To retrieve Risk Free Rate data for USD from 2023:
GET https://fxmacrodata.com/api/v1/announcements/usd/risk_free_rate?start_date=2023-01-01&end_date=2023-12-31
Frequently Asked Questions
How often is United States Risk Free Rate updated?
Risk Free Rate for United States is released on a daily schedule by Federal Reserve (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is Risk Free Rate reported in?
The series is published in Percent. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source United States Risk Free Rate data?
Data is fetched directly from Federal Reserve or the official national statistics publication for United States. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query Risk Free Rate for United States via the API?
Issue a GET request to /api/v1/announcements/usd/risk_free_rate?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.