Monetary Aggregates and Their Components
Adjusted Monetary Base: The sum of currency in circulation outside Federal Reserve Banks and the U.S. Treasury, deposits of depository financial institutions at Federal Reserve Banks, and an adjustment for the effects of changes in statutory reserve requirements on the quantity of base money held by depositories. This series is a spliced chain index; see Anderson and Rasche (1996a,b, 2001, 2003).
Domestic Nonfinancial Debt: Total credit market liabilities of the U.S. Treasury, federally sponsored agencies, state and local governments, households, and nonfinancial firms. End-of-period basis.
Time Deposits have a minimum initial maturity of 7 days.
Checkable Deposits is the sum of demand and other checkable deposits.
Retail Money Market Mutual Funds are included in M2. Institutional money market funds are not included in M2.
Savings Deposits is the sum of money market deposit accounts and passbook and statement savings.