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H.6 Statistical Release - last released Tuesday, August 24, 2021

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Announcements

Money Stock Revisions
2021-08-24

The Federal Reserve revised its measures of the money stock and their components to incorporate a new quarterly benchmark. Revisions to deposit data for banks and thrift institutions that are not weekly deposit reporters start in 2020.1 Revisions to data on retail money market mutual funds start in 1996. This quarterly benchmark also incorporates revisions to the amount of foreign currency denominated deposits excluded from the savings deposit and small time deposit components of the aggregates.2 The revisions make use of more granular reporting currently required to more accurately estimate the amounts deducted from relevant components starting in 2000 to date. For more information on the revisions to savings and small time deposits, see the H.6 Technical Q&As. 1. Revised quarterly data are from the commercial bank Consolidated Reports of Condition and Income (FFIEC 031, 041, and 051; OMB No. 7100-0036), the credit union Statement of Financial Condition (NCUA 5300/5300SF; OMB No. 3133-0004), and the discontinued quarterly collection of the Report of Deposits and Vault Cash (FR 2900; OMB No. 7100-0087). 2. Information on foreign currency denominated deposits are reported quarterly on the Report of Foreign (Non-U.S.) Currency Deposits (FR 2915; OMB No. 7100-0237) and subtracted from the appropriate component when constructing the monetary aggregates.

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