hey guys, besides that Chicago #, there's this big decline 4:30pm et.
M2 money supply Weekly Change prior $54.5B actual $23.5B
And the Fed balance sheet AH.
Released On 7/31/2014 4:30:00 PM For wk 7/30, 2014
Prior Actual
Total Assets - Weekly Change $12.5B $-4.1B
Reserve Bank credit - Weekly Change $14.7B $0.2B
Highlights
For the July 30 week, the Fed balance sheet slipped $4.1B after increasing $12.5 billion the prior week.
Mortgage-backed securities fell $9.9 billion after gaining $7.3 billion the week before. Treasuries gained $6.7 billion after growing $2.48 billion the prior period.
Total assets for the July 30 week stood at $4.407 trillion.
Reserve Bank credit for the July 30 week edged up $0.2 billion after rising $14.7 billion the July 23 week.
Definition
The Fed's balance sheet is a report showing factors supplying reserves into the banking system and factors absorbing (using) reserve funds. Essentially, the balance sheet shows the various Fed programs for injecting liquidity into the economy and how much the Fed has used each for adding or withdrawing reserves. This report is called Factors Affecting Reserve Balances - or the "H.4.1" report using Fed jargon.
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