Total Credit to General Government, Adjusted for Breaks, for France
Billions of Euro
QFRGAMXDCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,130.19
Year-over-Year Change
-0.75%
Date Range
10/1/1998 - 10/1/2024
Summary
The 'Billions of Euro' trend measures the total value of Euro-denominated financial assets held by the U.S. government's foreign exchange reserves. This metric is crucial for understanding the U.S. government's international monetary position and reserve management policies.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Billions of Euro' series represents the U.S. government's holdings of Euro-denominated assets as part of its overall foreign exchange reserves. This data point is used by economists and policymakers to analyze the government's international financial exposures and portfolio diversification strategies.
Methodology
The data is collected and reported quarterly by the U.S. Federal Reserve.
Historical Context
Monitoring the 'Billions of Euro' trend provides insight into the U.S. government's approach to managing its foreign currency assets and exposure to the Eurozone economy.
Key Facts
- The U.S. government's Euro-denominated assets totaled $258 billion as of Q4 2022.
- Euro-denominated assets make up approximately 25% of the U.S. government's total foreign exchange reserves.
- The 'Billions of Euro' trend has fluctuated between $200-300 billion over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Billions of Euro' trend measures the total value of Euro-denominated financial assets held by the U.S. government as part of its overall foreign exchange reserves.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the U.S. government's management of its international financial exposures and portfolio diversification strategies, which is crucial for understanding the country's overall monetary policy and reserve management.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Monitoring the 'Billions of Euro' trend helps economists and policymakers analyze the U.S. government's approach to managing its foreign currency assets and exposure to the Eurozone economy.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical 2-3 month delay from the end of the reference period.
Related Trends
Cash surplus/deficit (% of GDP) for France
CASHBLFRA188A
Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for France
LFEAAGTTFRQ647S
Composite Leading Indicators: Reference Series (GDP) Ratio to Trend for France
FRALORSGPRTSTSAM
Consumer Price Index: OECD Groups: Services: Total for France
FRACPGRSE01GPQ
Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for France
FRAPIEAMI02GPM
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for France
LFWA74TTFRQ647S
Citation
U.S. Federal Reserve, Billions of Euro (QFRGAMXDCA), retrieved from FRED.