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Home > Releases > H.4.1 Factors Affecting Reserve Balances > Factors Supplying Reserve Balances - Float (WOFSRBFA)

Factors Supplying Reserve Balances - Float (WOFSRBFA)

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Range: 1yr 5yrs 10yrs Max Log Scale: Left
Units:  Levels | Chg. | Chg. from Yr. Ago | % Chg. | % Chg. from Yr. Ago | Comp. Annual Rate of Chg. | Cont. Comp. Rate of Chg. | Cont. Comp. Annual Rate of Chg.
Notes: Growth Rate Calculations | US recession dates
  Real-Time Period
Title Start     End     

Factors Supplying Reserve Balances - Float 2011-07-07 Current
 
Source    

Board of Governors of the Federal Reserve System (US) 2011-07-07 Current
 
Release    

H.4.1 Factors Affecting Reserve Balances 2011-07-07 Current
 
Units    

Millions of Dollars 2011-07-07 Current
 
Frequency    

Weekly, Ending Wednesday 2011-07-07 Current
 
Seasonal Adjustment    

Not Seasonally Adjusted 2011-07-07 Current
 
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.

2011-07-07 Current
 

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Money, Banking, & Finance > Monetary Data > Factors Affecting Reserve Balances


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