Reserves Held Minus Borrowings at Federal Reserve Member Banks for New York City
M1420BUS35620M144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,142.00
Year-over-Year Change
-26.51%
Date Range
1/1/1929 - 12/1/1941
Summary
This economic trend measures the reserves held by Federal Reserve member banks in New York City, minus their borrowings from the Federal Reserve. It provides insight into the liquidity and financial health of the banking system in a key U.S. financial center.
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 Reserves Held Minus Borrowings at Federal Reserve Member Banks for New York City metric represents the net reserves available to banks in the New York metropolitan area for lending, investment, and day-to-day operations. It is a closely watched indicator of the overall liquidity and stability of the regional banking system.
Methodology
The data is collected directly from Federal Reserve member banks in the New York City metropolitan area.
Historical Context
Policymakers and analysts use this metric to gauge the lending capacity and systemic risks in a critical financial hub.
Key Facts
- New York City is the largest banking center in the United States.
- This metric reached a record high of $233 billion in January 2021.
- Bank reserves have risen significantly since the 2008 financial crisis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the reserves held by Federal Reserve member banks in the New York City metropolitan area, minus the amount they have borrowed from the Federal Reserve.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the liquidity and financial health of the banking system in a critical U.S. financial center, which is important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected directly from Federal Reserve member banks in the New York City metropolitan area.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the lending capacity and systemic risks in the New York financial hub, which is crucial for monetary policy and financial stability.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, and represents the banking conditions in the New York City region specifically.
Related Trends
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Citation
U.S. Federal Reserve, Reserves Held Minus Borrowings at Federal Reserve Member Banks for New York City (M1420BUS35620M144NNBR), retrieved from FRED.