Categories > Money, Banking, & Finance > Monetary Data > Factors Affecting Reserve Balances
Factors Supplying Reserve Balances: Float (WOFSRBFL)
As of Wednesday | Updated: Apr 12, 2018
Observation:
2018-04-11: -178 (+ more)Updated: Apr 12, 2018
2018-04-11: | -178 | |
2018-04-04: | -378 | |
2018-03-28: | -530 | |
2018-03-21: | -152 | |
2018-03-14: | -280 | |
View All |
Units:
Millions of Dollars,Not Seasonally Adjusted
Frequency:
Weekly,As of Wednesday
Factors Supplying Reserve Balances: Float
Customize data:
Write a custom formula to transform one or more series or combine two or more series.
You can begin by adding a series to combine with your existing series.
Now create a custom formula to combine or transform the series.
Need help? []
For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.
Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses {(,)}, and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.
Finally, you can change the units of your new series.
Add data series to graph:
Data in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: Board of Governors of the Federal Reserve System (US)
Release: H.4.1 Factors Affecting Reserve Balances
Units: Millions of Dollars, Not Seasonally Adjusted
Frequency: Weekly, As of Wednesday
Notes:
Reserve balances can be affected by mismatches in check-clearing operations. When a check is received by a Reserve Bank, the depositing institution's account is credited according to a fixed schedule, regardless of when the check is presented to the bank on which it is drawn. When there are delays in the presentment of checks to the paying institution, the receiving institution's account is credited before the account of the paying depository institution is charged, elevating reserve balances. Conversely, if the paying institution's account is debited faster than the schedule for crediting the receiving institution's account, reserve balances are reduced. These increases or decreases in reserve balances that result from mismatches in the timing of check clearing are known as float. Float figures include the net amount of float-related adjustments.
Suggested Citation:
Board of Governors of the Federal Reserve System (US), Factors Supplying Reserve Balances: Float [WOFSRBFL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/WOFSRBFL, April 19, 2018.
Related Resources
Other Formats
Related Categories
Sources
Releases
Tags
H.4.1 Factors Affecting Reserve Balances
Confirm Delete
Are you sure you want to remove this series from the graph? This can not be undone.