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Board of Governors Monetary Base, Not Adjusted for Changes in Reserve Requirements (DISCONTINUED SERIES) (BOGUMBNS)

Source(s): Board of Governors of the Federal Reserve System (US)
Release: H.3 Aggregate Reserves of Depository Institutions and the Monetary Base  

Description of growth rate formulas  
 
to
Seasonal
Adjustment:
Not Seasonally Adjusted 
Notes: This series has been discontinued with a phase of the simplification of reserves administration (https://federalregister.gov/a/2012-8562). The simplification of reserves administration provides an opportunity to streamline the process of calculating the monetary base so that it reflects the fundamental concept of this measure. The fundamental concept of the monetary base, or "high-powered money," is the sum of total balances maintained by depository institutions at the Federal Reserve plus currency in circulation.
Please see the new monetary base at http://research.stlouisfed.org/fred2/series/BOGMBASE
Updated: 2013-06-20 4:01 PM CDT 

Note: CSV files do not contain header information.


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