Memorandum Items: Bills Bought on Open Market
MBBOPMKAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.50
Year-over-Year Change
64.64%
Date Range
2/4/1916 - 12/29/1916
Summary
The 'Memorandum Items: Bills Bought on Open Market' represents a key Federal Reserve monetary policy indicator tracking the volume of short-term securities purchased in open market operations. This metric provides insights into central bank liquidity management and financial market interventions.
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 reflects the Federal Reserve's active management of money supply through purchasing government securities on the open market. Economists analyze these transactions as a critical signal of monetary policy stance and potential economic stimulus strategies.
Methodology
Data is collected and reported by the Federal Reserve through systematic tracking of open market transaction volumes and characteristics.
Historical Context
This metric is used by policymakers, economists, and financial analysts to assess monetary policy implementation and potential economic interventions.
Key Facts
- Represents short-term securities transactions by the Federal Reserve
- Indicates central bank liquidity management strategies
- Provides insights into monetary policy implementation
FAQs
Q: What does MBBOPMKAR measure?
A: It tracks the volume of bills purchased by the Federal Reserve in open market operations as part of monetary policy management.
Q: Why are open market operations important?
A: They allow the Federal Reserve to influence money supply, interest rates, and overall economic conditions through strategic securities transactions.
Q: How frequently is this data updated?
A: The data is typically updated on a regular schedule by the Federal Reserve, with precise frequency depending on market conditions.
Q: How do economists use this information?
A: Economists analyze these transactions to understand monetary policy direction, potential economic stimulus, and financial market liquidity.
Q: What are the limitations of this metric?
A: While informative, the metric represents only one aspect of monetary policy and should be considered alongside other economic indicators.
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Citation
U.S. Federal Reserve, Memorandum Items: Bills Bought on Open Market [MBBOPMKAR], retrieved from FRED.
Last Checked: 8/1/2025