Federal Reserve Economic Data

FRED Graph


NOTES

Source: Federal Reserve Bank of St. Louis  

Release: St. Louis Bi-Weekly Reserves and Monetary Base  

Units:  Ratio, Seasonally Adjusted

Frequency:  Biweekly, Ending Wednesday

Notes:

Updates of this series will be ceased on December 19, 2019. There is no direct replacement to this seasonally adjusted series. Interested users can construct a proxy of the series as the ratio of M1 from the H.6 release and the monetary base from the H.3 release. The discontinued series plotted on the same graph with the calculated data can be accessed for comparison here.
For more details, see the FRED Announcement.

Suggested Citation:

Federal Reserve Bank of St. Louis, M1 Money Multiplier (DISCONTINUED) [MULT], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MULT, .

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

Release: H.6 Money Stock Measures  

Units:  Billions of Dollars, Seasonally Adjusted

Frequency:  Monthly

Notes:

Before May 2020, M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float; and (3) other checkable deposits (OCDs), consisting of negotiable order of withdrawal, or NOW, and automatic transfer service, or ATS, accounts at depository institutions, share draft accounts at credit unions, and demand deposits at thrift institutions.

Beginning May 2020, M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float; and (3) other liquid deposits, consisting of OCDs and savings deposits (including money market deposit accounts). Seasonally adjusted M1 is constructed by summing currency, demand deposits, and OCDs (before May 2020) or other liquid deposits (beginning May 2020), each seasonally adjusted separately.

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.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), M1 [M1SL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M1SL, .

Source: Federal Reserve Bank of St. Louis  

Release: St. Louis Monthly Reserves and Monetary Base  

Units:  Billions of Dollars, Seasonally Adjusted

Frequency:  Monthly

Notes:

Updates of this series will be ceased on December 20, 2019. Interested users can access the not seasonally adjusted version of this series from the H.3 release, BOGMBASE.
For more details, see the FRED Announcement.

Suggested Citation:

Federal Reserve Bank of St. Louis, St. Louis Adjusted Monetary Base (DISCONTINUED) [AMBSL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/AMBSL, .

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