Assets: Other Factors Supplying Reserve Balances: Float: Change in Week Average from Previous Week Average
RESH4SCFXAWXCH1NWW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.00
Year-over-Year Change
-1560.00%
Date Range
6/14/2006 - 8/6/2025
Summary
This economic indicator tracks weekly changes in float, which represents the time between when a check is deposited and when funds are actually transferred. Understanding float helps financial institutions and economists analyze payment system efficiency and liquidity dynamics.
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
Float represents the temporary difference in bank account balances during check processing, reflecting the lag between deposit and fund clearance. Economists use this metric to understand transaction processing speeds and potential monetary system inefficiencies.
Methodology
The Federal Reserve calculates this metric by comparing the weekly average float values and measuring their net change from the previous week.
Historical Context
This data helps monetary policymakers assess payment system performance and potential impacts on reserve balances and short-term financial liquidity.
Key Facts
- Float represents the time gap in check processing and fund transfer
- Measured as a weekly average change in reserve balances
- Provides insights into payment system efficiency
FAQs
Q: What exactly is 'float' in banking?
A: Float is the time between when a check is deposited and when funds are actually transferred between banks. It represents a temporary period where money is essentially in transit.
Q: Why do economists track float?
A: Tracking float helps understand payment system efficiency, potential bottlenecks in fund transfers, and provides insights into broader financial system liquidity.
Q: How often is this data updated?
A: The Federal Reserve typically updates this float data weekly, providing a current snapshot of payment system dynamics.
Q: Can float impact monetary policy?
A: Yes, significant changes in float can signal shifts in transaction patterns that might influence monetary policy decisions and reserve management.
Q: What technological trends affect float?
A: Digital banking and electronic transfers are gradually reducing float times, making payment systems more instantaneous and efficient.
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Citation
U.S. Federal Reserve, Assets: Other Factors Supplying Reserve Balances: Float: Change in Week Average from Previous Week Average [RESH4SCFXAWXCH1NWW], retrieved from FRED.
Last Checked: 8/1/2025