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Factors Supplying Reserve Balances: Float (WOFSRBFL)

Observation:

2016-11-30: -1,379  
Updated: Dec 1, 2016

Units:

Millions of Dollars,
Not Seasonally Adjusted

Frequency:

Weekly,
As of Wednesday
1Y | 5Y | 10Y | Max
  EDIT BAR 1
(a) Factors Supplying Reserve Balances: Float, Millions of Dollars, Not Seasonally Adjusted (WOFSRBFL)
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.

Factors Supplying Reserve Balances: Float

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  EDIT BAR 2
(a) Factors Supplying Reserve Balances: Float, Millions of Dollars, Not Seasonally Adjusted (WOFSRBFL)
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.

Factors Supplying Reserve Balances: Float

Select a date that will equal 100 for your custom index:
to

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? []

Finally, you can change the units of your new series.

Select a date that will equal 100 for your custom index:

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NOTES
Title Release Dates

2011-07-07 2016-12-01
 
Source    

2011-07-07 2016-12-01
 
Release    

2011-07-07 2016-12-01
 
Units    

2011-07-07 2016-12-01
 
Frequency    

2011-07-07 2016-12-01
 
Seasonal Adjustment    

2011-07-07 2016-12-01
 
Notes    

2011-07-07 2016-12-01





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