FRED Graph

Notes

Liabilities and Capital: Other Factors Draining Reserve Balances: Reserve Balances with Federal Reserve Banks: Week Average (WRESBAL)

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

Release: H.4.1 Factors Affecting Reserve Balances

Units: Millions of U.S. Dollars, Not Seasonally Adjusted

Frequency: Weekly, Ending Wednesday

Notes:

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), Liabilities and Capital: Other Factors Draining Reserve Balances: Reserve Balances with Federal Reserve Banks: Week Average [WRESBAL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/WRESBAL, .

Excess Reserves of Depository Institutions (DISCONTINUED) (EXCSRESNS)

Source: Federal Reserve Bank of St. Louis

Release: H.3 Aggregate Reserves of Depository Institutions and the Monetary Base (data not included in press release)

Units: Millions of Dollars, Not Seasonally Adjusted

Frequency: Monthly

Notes:

The Board of Governors discontinued the H.3 statistical release on September 17, 2020. For more information, please see the announcement posted on August 20, 2020.

Series is calculated using data from the H.3 release as Total reserve balances maintained less Reserve balance requirements.

Please note though that this historical concept of "excess reserves" no longer has the same meaning following phase two of the simplification of reserves administration. For more information, see the Reserves Simplification Rule.

Suggested Citation:

Federal Reserve Bank of St. Louis, Excess Reserves of Depository Institutions (DISCONTINUED) [EXCSRESNS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/EXCSRESNS, .

Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level (WALCL)

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

Release: H.4.1 Factors Affecting Reserve Balances

Units: Millions of U.S. Dollars, Not Seasonally Adjusted

Frequency: Weekly, As of Wednesday

Notes:

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), Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level [WALCL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/WALCL, .

Interest Rate on Excess Reserves (IOER Rate) (DISCONTINUED) (IOER)

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

Release: Interest Rate on Reserve Balances

Units: Percent, Not Seasonally Adjusted

Frequency: Daily, 7-Day

Notes:

Starting July 29, 2021, the interest rate on excess reserves (IOER) and the interest rate on required reserves (IORR) were replaced with a single rate, the interest rate on reserve balances (IORB). See the source's announcement for more details.

The interest rate on excess reserves (IOER rate) is determined by the Board of Governors and gives the Federal Reserve an additional tool to conduct monetary policy.

See Policy Tools for more information.

For questions on FRED functionality, please contact us here.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Interest Rate on Excess Reserves (IOER Rate) (DISCONTINUED) [IOER], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IOER, .