Interbank Deposits in All Commercial Banks in Massachusetts
X08IOACBIMA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
423.00
Year-over-Year Change
220.45%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic trend measures the total value of interbank deposits held by commercial banks in Massachusetts. It provides insights into the liquidity and financial health of the state's banking sector.
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
Interbank deposits represent funds that commercial banks hold with other banks, either domestically or internationally. This metric offers a snapshot of the interconnectedness and stability of the Massachusetts banking system, which is crucial for assessing financial conditions and risks.
Methodology
The data is collected by the U.S. Federal Reserve through regulatory reporting by individual commercial banks.
Historical Context
Policymakers and analysts monitor this trend to gauge the availability of funding and lending capacity within the Massachusetts banking system.
Key Facts
- Massachusetts is home to several major financial institutions.
- Interbank deposits provide a source of liquidity for commercial banks.
- The trend has shown moderate growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of funds that commercial banks in Massachusetts hold on deposit with other banks, both domestically and internationally.
Q: Why is this trend relevant for users or analysts?
A: Interbank deposits are an important indicator of the liquidity and financial health of the Massachusetts banking sector, which is crucial for assessing financial conditions and risks.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through mandatory regulatory reporting by individual commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge the availability of funding and lending capacity within the Massachusetts banking system, which informs decisions on monetary policy and financial stability.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically a few weeks after the end of the reporting period. There are no major known limitations to the accuracy or coverage of this trend.
Related Trends
Deposits in National Commercial Member Banks in South Carolina
X08TDCBMBNSC
Deposits in National Commercial Member Banks in Pennsylvania
X08TDCBMBNPA
Total Deposits in Commercial Banks in Oregon
X08TDCBTOR
Deposits in Noninsured Mutual Savings Banks in the United States
X08TDMSBNIUS
Loans and Investments in All Member Banks in Chicago
X10AMBLIC
Conversions from Private Banks into Incorporated Commercial Banks
X14AICBCPBI
Citation
U.S. Federal Reserve, Interbank Deposits in All Commercial Banks in Massachusetts (X08IOACBIMA), retrieved from FRED.