All Sectors; Credit Market Instruments; Asset, Level (DISCONTINUED)/M2 (DISCONTINUED)

Source: Board of Governors of the Federal Reserve System (US)  

Release: H.6 Money Stock Measures  

Units:  Billions of Dollars, Seasonally Adjusted

Frequency:  Weekly, Ending Monday

This weekly series is discontinued. The non-seasonally adjusted version of this weekly series is WM2NS, and the seasonally adjusted monthly series is M2SL.

Starting on February 23, 2021, the H.6 statistical release is now published at a monthly frequency and contains only monthly average data needed to construct the monetary aggregates. Weekly average, non-seasonally adjusted data will continue to be made available, while weekly average, seasonally adjusted data will no longer be provided. For further information about the changes to the H.6 statistical release, see the announcements provided by the source.

Seasonally adjusted M2 is constructed by summing savings deposits (before May 2020), small-denomination time deposits, and retail money market funds (MMFs), each seasonally adjusted separately, and adding the result to seasonally adjusted M1, and then subtracting not seasonally adjusted individual retirement account (IRA) and Keogh account balances at depository institutions and MMFs.

For more information on the H.6 release changes and the regulatory amendment that led to the creation of the other liquid deposits component and its inclusion in the M1 monetary aggregate, see the H.6 announcements and Technical Q&As posted on December 17, 2020.

For questions on the data, please contact the data source. For questions on FRED functionality, please contact us here.

Source: Board of Governors of the Federal Reserve System (US)  

Release: Z.1 Financial Accounts of the United States  

Units:  Billions of Dollars, Not Seasonally Adjusted

Frequency:  Quarterly, End of Period

Source ID: FL894104005.Q

For more information about the Flow of Funds tables, see the Financial Accounts Guide.

With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights.

In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer provided by the source.

The FRED series Total Credit Market Assets Held is now known as All Sectors; Credit Market Instruments; Asset.

The series previously appeared in Table L.1.