Assets: Other Factors Supplying Reserve Balances: Float: Change in Week Average from Year Ago Week Average
RESH4SCFXAWXCH52NWW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-60.00
Year-over-Year Change
-21.05%
Date Range
6/14/2006 - 8/6/2025
Summary
This economic indicator tracks changes in float, which represents the time between when a check is deposited and when funds are actually transferred. Understanding float helps economists analyze banking system efficiency and payment processing 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 and electronic fund transfers. Economists use this metric to understand liquidity, banking system performance, and potential monetary policy implications.
Methodology
Data is collected by the Federal Reserve through comprehensive tracking of banking transactions and payment system processing times.
Historical Context
This metric is used in monetary policy analysis, helping the Federal Reserve understand payment system dynamics and potential impacts on reserve balances.
Key Facts
- Float represents the time lag in financial transactions between deposit and fund transfer
- Changes in float can indicate shifts in payment processing technologies
- The metric provides insights into banking system efficiency and liquidity
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 bank accounts. It represents a temporary period of financial uncertainty in transaction processing.
Q: Why do economists track float?
A: Tracking float helps understand banking system efficiency, payment processing technologies, and potential impacts on monetary liquidity and policy decisions.
Q: How is float calculated?
A: Float is calculated by measuring the time difference between a check's deposit and its actual fund transfer, typically tracked on a weekly average basis.
Q: How does float impact monetary policy?
A: Float can provide insights into banking system performance and liquidity, which are important considerations for Federal Reserve monetary policy decisions.
Q: How frequently is float data updated?
A: Float data is typically updated weekly, providing a near-real-time view of banking transaction processing dynamics.
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Citation
U.S. Federal Reserve, Assets: Other Factors Supplying Reserve Balances: Float: Change in Week Average from Year Ago Week Average [RESH4SCFXAWXCH52NWW], retrieved from FRED.
Last Checked: 8/1/2025