Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis.
Data in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: Federal Reserve Bank of St. Louis
Release: Money Zero Maturity (MZM)
Units: Billions of Dollars, Seasonally Adjusted
Frequency: Weekly, Ending Monday
This series has been discontinued and will no longer be updated. The institutional money market funds (WIMFSL) and small-denomination time deposits (WSMTIME) components used to calculate this series has been discontinued by the Board of Governors and are no longer available in the H.6 statistical release, Money Stock Measures.
For further information about the changes to the H.6 statistical release, please see the announcements provided by the source.
M2 less small-denomination time deposits plus institutional money market funds.
Money Zero Maturity is calculated by the Federal Reserve Bank of St. Louis.
Federal Reserve Bank of St. Louis, MZM Money Stock (DISCONTINUED) [MZM], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MZM, May 28, 2022.
Source: Board of Governors of the Federal Reserve System (US)
Release: FOMC Press Release
Units: Percent, Not Seasonally Adjusted
Frequency: Daily, 7-Day
Data for the period prior to 1994 come from the working paper "A New Federal Funds Rate Target Series: September 27, 1982 - December 31, 1993" (Thornton, Federal Reserve Bank of St. Louis, 2005, http://research.stlouisfed.org/wp/2005/2005-032.pdf). Due to an error in the paper values from April 2, 1986 - April 20, 1986 were adjusted manually to 7.3125%. Data from 1994 to the present are derived from FOMC meeting transcripts and FOMC meeting statements, http://www.federalreserve.gov/fomc/.
Effective December 16, 2008, target rate is reported as a range. Current data at https://fred.stlouisfed.org/series/DFEDTARU and https://fred.stlouisfed.org/series/DFEDTARL
Board of Governors of the Federal Reserve System (US), Federal Funds Target Rate (DISCONTINUED) [DFEDTAR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DFEDTAR, May 28, 2022.
Are you sure you want to remove this series from the graph? This can not be undone.