Waller: The Data Version of Godzilla x Kong — FRED vs. AI

Federal Reserve Governor Christopher Waller reviewed the history of FRED in a speech, calling it the most valuable public good built by the Federal Reserve. FRED now hosts over 850,000 data series and reached 18 million unique users in 2025. He also noted that AI introduces risks such as incorrect data citations and interpretive bias. FRED traffic is currently growing at an annual rate of 150%, with roughly half of visits coming from AI agents. FRED has launched the FRED MCP Connector, allowing users to retrieve data through their preferred AI agents.