Interbank Deposits in Commercial Member Banks in the District of Columbia
X08IOMBIDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.00
Year-over-Year Change
800.00%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Interbank Deposits in Commercial Member Banks in the District of Columbia' trend measures the total value of deposits held by commercial banks in the District of Columbia on behalf of other banks. This metric provides insight into interbank lending activity and liquidity within the DC 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
This series represents the dollar value of deposits held by commercial member banks in the District of Columbia on behalf of other banks. It serves as an indicator of interbank lending and the overall liquidity and connectedness of the local banking sector.
Methodology
The Federal Reserve collects this data directly from commercial banks operating in the District of Columbia.
Historical Context
Policymakers and economists use this metric to assess the health and stability of the DC banking system and its role in the broader regional and national financial networks.
Key Facts
- Measures total deposits held by DC commercial banks on behalf of other banks.
- Provides insight into interbank lending and liquidity in the local banking system.
- Used by policymakers to assess the health and stability of the DC financial sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by commercial banks in the District of Columbia on behalf of other banks, providing insight into interbank lending and liquidity within the local banking system.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for policymakers and economists as it serves as an indicator of the health and stability of the DC banking sector and its role in the broader regional and national financial networks.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data directly from commercial banks operating in the District of Columbia.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the overall liquidity and connectedness of the local banking system, which can inform decisions related to monetary policy, financial stability, and regional economic development.
Q: Are there update delays or limitations?
A: The data is published by the Federal Reserve on a regular basis, but there may be some delays in reporting due to the time required for data collection and aggregation.
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Citation
U.S. Federal Reserve, Interbank Deposits in Commercial Member Banks in the District of Columbia (X08IOMBIDC), retrieved from FRED.