Liabilities and Capital: Liabilities: Federal Reserve Notes, Net of F.R. Bank Holdings: Change in Wednesday Level from Previous Wednesday Level
RESPPLLNXCH1NWW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,881.00
Year-over-Year Change
-0.55%
Date Range
6/7/2006 - 7/30/2025
Summary
This economic indicator tracks the weekly change in Federal Reserve notes outstanding, net of Federal Reserve Bank holdings. It provides insight into the dynamic circulation of currency and potential monetary policy adjustments.
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
The trend represents the net change in circulating Federal Reserve notes from one Wednesday to the next, reflecting shifts in currency demand and monetary base dynamics. Economists use this metric to understand short-term liquidity movements and potential economic pressures.
Methodology
Data is collected by tracking the Wednesday-to-Wednesday variations in Federal Reserve note levels, accounting for holdings across Federal Reserve Banks.
Historical Context
This indicator is used by policymakers and analysts to assess short-term monetary conditions and potential inflationary pressures.
Key Facts
- Measures weekly changes in circulating Federal Reserve notes
- Provides insight into short-term monetary dynamics
- Helps track potential shifts in currency demand
FAQs
Q: What does this economic indicator measure?
A: It tracks the net change in Federal Reserve notes from one Wednesday to the next, excluding Federal Reserve Bank holdings.
Q: Why is this data important?
A: The indicator helps economists and policymakers understand short-term currency circulation and potential monetary policy implications.
Q: How frequently is this data updated?
A: The data is updated weekly, specifically comparing Wednesday levels from one week to the next.
Q: What can this trend reveal about the economy?
A: It can provide early signals about changes in currency demand, potential economic pressures, and short-term monetary conditions.
Q: Are there limitations to this economic indicator?
A: The data represents a narrow snapshot of currency circulation and should be interpreted alongside other broader economic indicators.
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Citation
U.S. Federal Reserve, Liabilities and Capital: Liabilities: Federal Reserve Notes, Net of F.R. Bank Holdings: Change in Wednesday Level from Previous Wednesday Level [RESPPLLNXCH1NWW], retrieved from FRED.
Last Checked: 8/1/2025