The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
• ff« « r ^ . r « ^ , . T . ,Ej)]K j_ J.XJT. FEDERAL RESERVE statistical release •?te#v For Immediate Release H.3 (502) Table 1 JAN. AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS AND MONETARY BASE Adjusted for changes in reserve requirements1 Averages of daily figures Reserves of depository institutions tota|2 nonborrowed required Period millions of dollars seasonally adjusted Monetary base3 billions of dollars 3 , 1984 Reserves of depository institutions total2 nonborrowed required millions of dollars not seasonally adjusted Monetary base3 billionsof dollars 1982—NOV. DEC. 35,829 36,231 35,208 35,597 35,427 35,731 169.8 171.1 36,090 36,962 35,469 36,328 35,688 36,462 171.0 174.4 1 9 8 3 — JAIL FEBHAR. APR. MAY JUNE JULY AUG. SEPT, OCT* NOV, 35,634 36,100 36,803 37,153 37,129 37,612 37,800 37,694 37,717 37,624 37,408 35,104 35,517 36.011 36,144 36,177 35,976 36,347 36,148 36,276 36,781 36,503 35,086 35,664 36,370 36,677 36,680 37,132 37,293 37,247 37,220 37,120 36,879 171.9 173.8 176.1 177.3 178.8 180.3 181.1 182.1 183.4 184.6 185.5 37,611 35,973 36,056 36,911 36,637 36,787 37,341 37,064 37,386 37,680 37,694 37,082 35,390 35,264 35,902 35,685 35,151 35,888 35,518 35,946 36,836 36,789 37,063 35,537 35,623 36,435 36,188 36,306 36,833 36,618 36,889 37,175 37,165 173.2 171.8 173.6 176.3 177.8 179.6 181.7 181.8 182.9 184.4 186.7 2 9 16 23 30 37,515 37,166 37,270 37,397 37,768 37,075 36,124 36,249 36,584 36,891 37,141 36,586 36,625 37,098 37,132 185-3 185.0 185.6 185.6 186.0 37,795 37,016 37,615 37,786 38,332 37,355 35,974 36,594 36,973 37,455 37,421 36,436 36,970 37,487 37,696 184,. 5 186.2 187«, 1 187.0 187.3 7 14 P 21 P 28 P 37,575 37,361 38,001 37,416 37,137 36,731 36,942 36,659 37,070 36,840 37,305 36,916 185.8 186. 1 186.9 186.5 37,648 37,939 38,976 38,504 37,210 37,309 37,917 37,747 37,143 37,418 38,280 38,004 188.3 189.2 190.9 191.1 SEEK ENDING: 1983—NO?, DEC. 1/ 2/ 3/ RESERVE AGGREGATES INCLUDE REQUIRED RESERVES OF MEMBER BANKS AND EDGE ACT CORPORATIONS AND OTHER DEPOSITORY INSTITUTIONS. DISCONTINUITIES ASSOCIATED WITH THE IMPLEMENTATION OF THE MONETARY CONTROL ACT, THE INCLUSION OF EDGE ACT CORPORATION RESERVES, AND OTHER CHANGES IN REGULATION D HAVE BEEN REMOVED. RESERVE BALANCES NITH FEDERAL RESERVE BANKS (WHICH EXCLUDE REQUIRED CLEARING BALANCES) PLUS VAULT CASH AT INSTITUTIONS HITH REQUIRED RESERVE BALANCES PLUS VAULT CASH EQUAL TO REQUIRED RESERVES AT OTHER INSTITUTIONS CONSISTS OF RESERVE BALANCES AND SERVICE-RELATED BALANCES AND ADJUSTMENTS AT FEDERAL RESERVE BANKS IN THE * CURRENT WEEK PLUS VAULT CASH HELD TNO BEEKS EARLIER USED TO SATISFY RESERVE REQUIREMENTS AT ALL DEPOSITORY INSTITUTIONS PLUS CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL RESERVE BANKS, AND THE VAULTS OF DEPOSITORY I STITUTIONS, PLUS SURPLUS VAULT CASH AT DEPOSITORY INSTITUTIONS. NOTE: HISTORICAL DATA ARE AVAILABLE FROM THE BANKING SECTION, DIVISION OF RESEARCH AND STATISTICS BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, WASHINGTON, D.C 20551. H.3 Table 2 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS Not adjusted for changes in reserve requirements Average of daily figures, not seasonally adjusted Reserves of depository institutions1 Period total2 nonborrowed Monetary base3 required billions of do<ta% millions of dollars 1 9 8 2 - NOV. DEC 41,199 41,853 40,578 41,219 40,797 41,353 176.0 179.3 1 9 8 3 — J AH, FEE. MAR. APR. NAY JUNE JULY AUG. SEPT. OCT. NOV. 41,864 39,798 38,035 38,650 38,282 38,415 38,948 38,661 37,916 38,138 38,144 41,334 39,215 37,243 37,640 37,330 36,779 37,495 37,115 36,475 37,294 37,239 41,316 39,362 37,602 38,174 37,833 37,934 38,440 38,214 37,418 37,633 37,615 177.9 176.0 175.9 178.4 179.8 181.6 183.7 183.8 183.5 184.9 187.2 2 9 16 23 30 38,201 37,436 38,033 38,257 38,834 37,761 36,394 37,012 37,444 37,957 37,827 36,856 37,388 37,958 38,198 184.9 186.7 187.5 187.5 187.8 7 14 P 21 P 28 P 38,176 38,477 39,445 39,040 37,738 37,847 38,386 38,283 37,671 37,956 38,749 38,540 , v: 1££K ENDING: 1983—NO?. DEC 1/ * 188.8 189.7 191.3 191.7 RESBRVES OF DEPOSITORY INSTITUTIONS SERIES REFLECT ACTUAL RESERVE REQUIREMENT PERCENTAGES NITH NO ADJUSTMENTS TO ELIMINATE THE EFFECT OF CHANGES IN REGULATION D, INCLUDING CHANGES ASSOCIATED WITH THE IHPLEHENTATION OF THE MONETARY CONTROL ACT. INCLUDES REQUIRED RESERVES OF MEMBER BANKS AND EDGE ACT CORPORATIONS AND, BEGINNING NOVEMBER 13, 1980, OTHER DEPOSITORY INSTITUTIONS. UNDER THE TRANSITIONAL PHASE-IN PROGRAM 1982 FED ESTIMATED ESTIM AT ED 2/ 3/ REDUCTION OF $800 MILLION; MARCH 3, 1983, AN ESTIMATED REDUCTION OF $1.9 BILLION; AND SEPTEMBER Y. 1983. AN ESTIMATED REDUCTION OF $1.1 BILLION. BEGINNING WITH THE WEEK ENDED DECEMBER 23, 1981, RESERVE AGGREGATES HAVE BEEN REDUCED BY SHIFTS OF RESERVABLE LIABILITIES TO INTERNATIONAL BANKING FACILITIES (IBFS) ON THE BASIS OF REPORTS OF LIABILITIES TRANSFERRED TO IBFS BY U.S. COMMERCIAL BANKS AND AGENCIES AND BRANCHES OF f S I ' i ? ! ! * " " ^ ™ * J 5 E S U H A M B IHAI REQUIRBD RESERVES HERE LOWERED ON AVERAGE BY $60 TO $90 MILLION IN DECEMBER 1981 AND $180 TO $230 MILLION IN JANUARY 1982, MOSTLY REFLECTING A REDUCTION IN RESERVABLE EUROCURRENCY TRANSACTIONS. BEGINNING WITH THE WEEK ENDING APRIL 20, 1983, REQUIRED RESERVES WERE REDUCED AN ESTIMATED $80 MILLION AS A RESULT OF THE ELIMINATION OF RESERVE REQUIREMENTS ON NONPERSONAL TIME DEPOSITS WITH MATURITIES OF 2-1/2 YEARS ??,v3~1/2 Y E A B S - A L S 0 * BEGINNING WITH WEEK ENDING OCTOBER 26, 1983, REQUIRED RESERVES WBRE REDUCED AN ESTIMATED $90 MILLION AS A RESULT OF THE ELIMINATION OF RESERVES REQUIREMENTS ON NCNPERSONAL TIME DEPOSITS WITH MATURITIES OF 1—1/2 YEARS TO 2—1/2 YEARS. RESERVE BALANCES WITH FEDERAL RESERVE BANKS (WHICH EXCLUDED REQUIRED CLEARING BALANCES) PLUS VAULT CASH AT INSTITUTIONS WITH REQUIRED RESERVE BALANCES PLUS VAULT CASH EQUAL TO REQUIRED RESERVES AT OTHER INSTITUTIONS CONSISTS OF RESERVE BALANCES AND SERVICE-RELATED BALANCES AND ADJUSTMENTS AT FEDERAL RESERVE BANKS IN THE CURRENT WEEK PLUS VAULT CASH HELD TWO WEEKS EARLIER USED TO SATISFY RESERVE REQUIREMENTS AT ALL DEPOSITORY INSTITUTIONS PLUS CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL RESERVE BANKS. AND THE VAULTS OF DEPOSITORY INSTITUTIONS, PLUS SURPLUS VAULT CASH AT DEPOSITORY INSTITUTIONS.
@FedFRASER