Interbank Deposits in All Member Banks in Chicago
X10AMBIDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,037.00
Year-over-Year Change
97.15%
Date Range
1/1/1929 - 7/1/1941
Summary
The 'Interbank Deposits in All Member Banks in Chicago' series measures the total value of deposits held by banks within the Chicago Federal Reserve district. This metric provides insights into interbank lending activity and overall banking system liquidity.
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
This series represents the dollar value of deposits that member banks within the Chicago Federal Reserve district hold with one another. It serves as a key indicator of interbank lending dynamics and the availability of funds circulating in the regional banking system.
Methodology
The Federal Reserve collects this data directly from member banks within the Chicago district.
Historical Context
Economists and policymakers monitor this trend to assess the health and stability of the regional banking sector.
Key Facts
- The series dates back to 1919.
- Chicago is a major regional banking hub.
- Interbank deposits reflect lending between banks.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of deposits that banks within the Chicago Federal Reserve district hold with one another.
Q: Why is this trend relevant for users or analysts?
A: Monitoring interbank deposits provides insights into the liquidity and lending activity within the regional banking system, which is crucial for assessing financial stability.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data directly from member banks located in the Chicago district.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to evaluate the health and resilience of the regional banking sector, which informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically a few weeks, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Interbank Deposits in All Member Banks in Chicago (X10AMBIDC), retrieved from FRED.