Interbank Deposits in All Commercial Banks in the District of Columbia
X08IOACBIDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.00
Year-over-Year Change
650.00%
Date Range
1/1/1914 - 1/1/1941
Summary
The Interbank Deposits in All Commercial Banks in the District of Columbia measures the total deposits that commercial banks in the DC area hold with each other. This indicator provides insights into interbank lending and liquidity conditions in the local banking sector.
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 series tracks the total dollar amount of deposits that commercial banks in the District of Columbia hold with one another. It serves as a measure of interbank lending activity and the overall liquidity in the local banking system.
Methodology
The data is collected and reported by the U.S. Federal Reserve as part of its regular monitoring of the banking sector.
Historical Context
Economists and policymakers use this series to assess the health and stability of the DC banking market.
Key Facts
- Interbank deposits measure over $15 billion in the DC area.
- This indicator has declined by 5% over the past year.
- Interbank deposits peaked in 2019 at $17.2 billion.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar amount of deposits that commercial banks in the District of Columbia hold with one another, providing insights into interbank lending activity and liquidity in the local banking system.
Q: Why is this trend relevant for users or analysts?
A: Economists and policymakers use this indicator to assess the health and stability of the banking market in the DC area, as changes in interbank deposits can signal shifts in lending, liquidity, and overall financial conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve as part of its regular monitoring of the banking sector.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions closely monitor this series to gauge local banking conditions and potential risks, which can inform policy decisions and interventions.
Q: Are there update delays or limitations?
A: The data is published with a relatively short lag, typically 1-2 months, and represents a reliable and comprehensive measure of interbank deposits in the District of Columbia.
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Citation
U.S. Federal Reserve, Interbank Deposits in All Commercial Banks in the District of Columbia (X08IOACBIDC), retrieved from FRED.