Resources and Assets: Due from Depository Banks -- Fiscal Agent Account
RADDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84.46
Year-over-Year Change
0.00%
Date Range
5/18/1917 - 5/18/1917
Summary
The Resources and Assets: Due from Depository Banks -- Fiscal Agent Account (RADDB) tracks the funds that banks hold for government fiscal operations. This metric provides insight into the financial interactions between depository institutions and government banking systems.
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 represents the balances that banks maintain specifically for government fiscal agency functions, reflecting the liquidity and financial relationships between commercial banks and government treasury operations. Economists use this data to understand banking system dynamics and government financial management.
Methodology
The data is collected through Federal Reserve reporting systems that track bank account balances designated for fiscal agent purposes.
Historical Context
This trend is used in macroeconomic analysis to assess government financial infrastructure and banking system liquidity.
Key Facts
- Represents funds held by banks for government fiscal operations
- Provides insight into banking system interactions with government treasury
- Part of broader Federal Reserve financial tracking mechanisms
FAQs
Q: What does RADDB specifically measure?
A: RADDB measures the funds that depository banks hold for government fiscal agency functions, tracking specific account balances used in government financial operations.
Q: Why is this economic indicator important?
A: This indicator helps economists and policymakers understand the financial relationships between banks and government treasury systems, providing insights into liquidity and financial infrastructure.
Q: How often is RADDB data updated?
A: The data is typically updated periodically by the Federal Reserve, with frequency depending on reporting cycles and financial reporting requirements.
Q: Can RADDB predict economic trends?
A: While not a direct predictive tool, RADDB can provide contextual information about banking system dynamics and government financial management.
Q: What are the limitations of RADDB data?
A: The data represents a specific type of bank account balance and should be interpreted alongside other economic indicators for comprehensive analysis.
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Citation
U.S. Federal Reserve, Resources and Assets: Due from Depository Banks -- Fiscal Agent Account [RADDB], retrieved from FRED.
Last Checked: 8/1/2025