Monetary Base: Total

BOGMBASE • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5,748.60

Year-over-Year Change

0.30%

Date Range

1/1/1959 - 6/1/2025

Summary

The Monetary Base: Total represents the total amount of currency in circulation and reserves held by banks in the United States. This metric is a critical indicator of the money supply and provides insights into the Federal Reserve's monetary policy stance.

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 economic indicator measures the most liquid components of the money supply, including physical currency and bank reserves held at the Federal Reserve. Economists and policymakers use it to understand monetary conditions, potential inflationary pressures, and the overall liquidity in the financial system.

Methodology

The data is compiled by the Federal Reserve by aggregating physical currency in circulation and the total reserve balances maintained by depository institutions.

Historical Context

Central banks and financial analysts use this metric to assess monetary policy effectiveness, potential economic stimulus, and potential inflationary risks.

Key Facts

  • Represents the most liquid form of money in the economic system
  • Directly influenced by Federal Reserve monetary policy actions
  • Provides insights into potential inflationary pressures

FAQs

Q: What does the Monetary Base include?

A: The Monetary Base includes physical currency in circulation and reserve balances held by banks at the Federal Reserve.

Q: How does the Monetary Base impact inflation?

A: An expanding Monetary Base can potentially lead to increased inflationary pressures if the money supply grows faster than economic output.

Q: How often is the Monetary Base data updated?

A: The Monetary Base data is typically updated weekly by the Federal Reserve, providing near real-time insights into monetary conditions.

Q: Why do economists track the Monetary Base?

A: Economists track this metric to understand monetary policy effectiveness, potential economic stimulus, and overall financial system liquidity.

Q: What are the limitations of the Monetary Base metric?

A: While important, the Monetary Base alone does not provide a complete picture of economic conditions and should be analyzed alongside other economic indicators.

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Citation

U.S. Federal Reserve, Monetary Base: Total [BOGMBASE], retrieved from FRED.

Last Checked: 8/1/2025

Monetary Base: Total | US Economic Trends