The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE statistical release $ For Immediate Release January 24, 1980 H.9 (511) WEEKLY SUMMARY OF BANKING A N D CREDIT MEASURES Averages of daily figures Week ended Jan. 23 Percent change Average of 4 weeks ended Levels Jan. 16 4 weeks ended Jan. 23 Dec. 26 Billions of dollars, seasonally adjusted 1 Reserve aggregates Total reserves Nonborrowed reserves Required reserves Monetary base2 43,162 41,965 42,960 155,750 43,927 42,701 43,376 155,156 43,536 42,390 43,151 154,823 43,553 42,048 43,194 153,550 Reserve aggregates (adjusted) 3 Total reserves Nonborrowed reserves Required reserves Monetary base 2 42,934 41,737 42,732 154,242 43,745 42,519 43,194 154,974 43,315 42,168 42,930 154,602 43,219 41,714 42,860 153,216 Week ended Jan. 16p Jan. 9p Dec. 19p Billions of dollars, seasonally adjusted Monetary aggregates M-1 (Currency plus demand deposits) M-2 (M-1 plus time deposits at commercial banks other than large time CD's) Time deposits, all commercial banks 3.6 3.2 3.4 7.6 10.7 11.7 10.1 10.3 January 16, 1980 from 4 weeks averages 52 weeks 26 weeks 13 weeks previous previous previous Seasonal y adjusted annual rates 383.6 382.6 383.0 380.9 2.5 5.7 6.0 958.1 670.0 955.6 666.6 955.4 950.3 664.8 5.8 9.3 8.7 12.3 8.6 8.0 666.1 4 weeks ended Dec. 26 Not seasonally adjusted Week ended Other reserve measures and interest rates Member bank borrowings ($ mil.) Includes seasonal borrowings of: Federal funds rate 3-month Treasury bill rate 90-119 day dealer placed commercial paper 4 3-month CD rate (secondary market) 3-month Eurodollar rate U.S. Government bond rate 5 9.9 15.1 8.8 8.3 Average of 4 weeks ended 4 weeks ended Jan. 16p January 23, 1980 from 4 weeks averages 52 weeks 13 weeks ' 26 ^ weeks previous previous previous Seasonally adjusted annual rates Jan. 23 | Jan. 16 Jan 23 1197 78 13.77 12.08 13.02 13.36 14.20 10.72 1226 74 13.91 11.75 12.95 13.35 14.18 10.41 114? 69 13.92 11.95 13.07 13.40 14.38 10.43 13.74 11.98 13.18 13.38 14.43 10.18 1 Includes required reserves against deposits at member banxs and Edge Act corporations; against bank related commercial paper; and marginal reserves against selected borrowings of member banks, Edge Act corporations and agencies and branches of foreign banks. Marginal required reserves averaged $ 229 million in the week ending January 23, 1980 and $ 183 million in the week ending January 16, 1980. * L , u 2 Includes total reserves (reserve balances of member banks, Edge Act corporations and agencies and branches of foreign banks in the current week and vault cash held two weeks earlier); currency outside the U.S. Treasury, Federal Reserve banks and the vaults of commercial banks; and vault cash of nonmember banks. 3 Reserve aggregates series have been adjusted to remove discontinuities associated with marginal reserve requirements and changes in other reserve requirement regulations. 4 On January 16, 1980 bank-related commercial paper outstanding was $ 20,766 million. 5 Yield at 20-year constant maturity. Source: U.S. Treasury. NOTE: All percentage changes are at seasonally adjusted annual rates, not compounded. p-Preliminary; special caution should be taken in interpreting week-to-week changes in money supply data, which are often highly volatile and subject to revision in subsequent weeks and months.
@FedFRASER