Federal Reserve Economic Data: Your trusted data source since 1991

Assets: Other Factors Supplying Reserve Balances: Float: Wednesday Level (WOFSRBFL)

Observation:

2024-03-13: -406 (+ more)   Updated: Mar 14, 2024
2024-03-13:  -406  
2024-03-06:  -756  
2024-02-28:  -831  
2024-02-21:  -337  
2024-02-14:  -311  
View All

Units:

Millions of U.S. Dollars,
Not Seasonally Adjusted

Frequency:

Weekly,
As of Wednesday

NOTES

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:

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), Assets: Other Factors Supplying Reserve Balances: Float: Wednesday Level [WOFSRBFL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/WOFSRBFL, March 18, 2024.

RELEASE TABLES

RELATED DATA AND CONTENT

Data Suggestions Based On Your Search

Content Suggestions

Related Categories

Releases

Tags


Subscribe to the FRED newsletter


Follow us

Back to Top
Top