Assets: Other Factors Supplying Reserve Balances: Float: Wednesday Level

WOFSRBFL • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-1,326.00

Year-over-Year Change

301.82%

Date Range

6/7/2006 - 7/30/2025

Summary

The 'Assets: Other Factors Supplying Reserve Balances: Float: Wednesday Level' tracks the temporary funds in the banking system that are in transit between financial institutions. This metric provides insights into the day-to-day liquidity and operational dynamics of the U.S. banking system.

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 time between when a check is deposited and when funds are actually transferred between banks, reflecting temporary money in the financial system. Economists use this indicator to understand short-term banking system liquidity and potential monetary policy implications.

Methodology

The Federal Reserve calculates this metric by tracking the difference in funds during check clearing and settlement processes on a weekly basis.

Historical Context

This data helps central bankers and financial analysts assess short-term monetary conditions and potential impacts on banking system operations.

Key Facts

  • Float represents temporary funds in transit between financial institutions
  • Measured weekly by the Federal Reserve
  • Provides insights into short-term banking system liquidity

FAQs

Q: What exactly is 'float' in banking?

A: Float is the time period between when a check is deposited and when funds are actually transferred between banks, creating a temporary increase in available money.

Q: Why do economists track banking float?

A: Float helps economists understand short-term liquidity dynamics and potential monetary system inefficiencies or operational characteristics.

Q: How often is this data updated?

A: The Federal Reserve updates this metric on a weekly basis, specifically tracking the Wednesday level of reserve balances.

Q: Does float impact monetary policy?

A: Float can provide subtle signals about banking system efficiency and short-term liquidity conditions that may inform broader monetary policy decisions.

Q: Are there limitations to using float data?

A: Float is a snapshot metric that can vary significantly week-to-week, so it's typically analyzed in broader context with other financial indicators.

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Citation

U.S. Federal Reserve, Assets: Other Factors Supplying Reserve Balances: Float: Wednesday Level [WOFSRBFL], retrieved from FRED.

Last Checked: 8/1/2025