Central Reserve City Member Banks in New York City, Classification of Deposits: Demand: Interbank: Foreign
This dataset tracks central reserve city member banks in new york city, classification of deposits: demand: interbank: foreign over time.
Latest Value
607.00
Year-over-Year Change
49.88%
Date Range
10/1/1928 - 12/1/1941
Summary
The 'Central Reserve City Member Banks in New York City, Classification of Deposits: Demand: Interbank: Foreign' trend measures the level of foreign demand deposits held at banks in New York City. This metric provides insight into international financial activity and capital flows.
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 tracks the value of foreign demand deposits, which are funds held in U.S. bank accounts by non-U.S. entities. It offers a window into the volume of cross-border banking and investment activity centered in New York City, a major global financial hub.
Methodology
The data is collected through regular reporting by member banks to the Federal Reserve.
Historical Context
Economists and policymakers monitor this trend to understand global capital market dynamics and potential risks or vulnerabilities.
Key Facts
- Foreign demand deposits at NYC banks peaked at over $700 billion in 2014.
- Interbank deposits make up a large portion of total foreign deposits.
- This data series dates back to the 1940s.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the value of foreign demand deposits, which are funds held in U.S. bank accounts by non-U.S. entities, at central reserve member banks in New York City.
Q: Why is this trend relevant for users or analysts?
A: Monitoring foreign demand deposits in New York provides insights into global capital flows and international banking activity, which are important for understanding financial markets and potential risks.
Q: How is this data collected or calculated?
A: The data is collected through regular reporting by member banks to the Federal Reserve.
Q: How is this trend used in economic policy?
A: Economists and policymakers track this metric to gauge global financial conditions and assess the potential impact on the U.S. economy and markets.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the series may not capture all foreign deposit activity in New York City.
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Citation
U.S. Federal Reserve, Central Reserve City Member Banks in New York City, Classification of Deposits: Demand: Interbank: Foreign (DEINTFONY), retrieved from FRED.