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General Disclaimer

The Federal Reserve Board (Board) takes reasonable measures to ensure the quality of the data and other information produced by it or on its behalf that are available on this website. However, the Board makes no warranty, express or implied, nor assumes any legal liability or responsibility for the accuracy, correctness, or completeness of any information that is available through this website nor represents that its use would not infringe on privately owned rights.

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Disclaimer regarding Non-Board Information

For convenience and informational purposes only, the Federal Reserve website provides links to non-government websites. These sites may contain information that is copyrighted with restrictions on reuse. Permission to use copyrighted materials must be obtained from the original source and cannot be obtained from the Board. The Board is not responsible for the content of external websites linked to or referenced from the Federal Reserve web server. The Board neither endorses the information, content, presentation, or accuracy nor makes any warranty, express or implied, regarding these external websites. Users should be aware that when they select a link on the Board's website to an external website, they are leaving the Board's site.

Disclaimer for FRB U.S. Model and the Estimated Dynamic Optimization (EDO) Model

This disclaimer applies to the FRB U.S. Model and the Estimated Dynamic Optimization (EDO) Model (the Models).

While the Board of Governors of the Federal Reserve System (the Board) has verified the accuracy of the Models in connection with the Board's use in the Board's publications, the Models should be used by others only with appropriate caution. The Board is providing the Models, including the numerical data and formulas contained in the Models, solely for the purpose of illustrating the modelling framework for projecting possible outcomes under different scenarios. The Board may periodically publish updates to the Models on its website at

As the User, you assume the entire risk related to your use of the Models, including your use of any updates to the Models. The Board is providing the Models "as is" and the Board disclaims any all warranties, express or implied, including without limitation any implied warranties of merchantability or fitness for a particular purposes. In no event will the Board be liable to you or to any third party for any direct, indirect, incidental, consequential, special or exemplary damages or lost profit related to the Models, including, but not limited to, the installation or attempt to install the Models, the use or inability to use the Models, the use of data embodied in or obtained from the Models, or the use of any input data, documentation or other materials accompanying the Models.

Therefore, Users should rely on the User's own inquiries as to the accuracy and relevance of the data incorporated into or applicable to the Models; not use the Models, including the output, as the basis for making any decision or embarking on any course of action; and be aware that the data contained in the Models and the output of the Models should not be regarded as representative of any current data or forecasts of what will happen under a given set of conditions. Users may not use or modify the Models and then present them as official government material.

Disclaimer for Interactive Data Visualizations

This disclaimer applies to the Interactive Data Visualizations available for the Financial Accounts of the United States – Z.1 and Enhanced Financial Accounts (EFA) – as well as the Survey of Consumer Finances (SCF) and the Survey of Household Economics and Decisionmaking (SHED), which are the official releases.

The Interactive Data Visualizations are provided solely to assist Users with a visual representation of the data and do not modify or otherwise change the official releases. Content within the Interactive Data Visualizations will be updated only after the publication of the Financial Accounts of the United States – Z.1 and EFA releases, the SCF, and the SHED. Any corrections to data will be published to the official release before it is reflected in the corresponding Interactive Data Visualizations. Should any discrepancy exist between the data contained in the official release and the Interactive Data Visualizations, Users should consult the official release for the correct data.

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Last Update: October 11, 2023