Thursday, June 2, 2011

St. Louis Adjusted Monetary Base (6-2, Chart)



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Source: Federal Reserve Bank of St. Louis
Release: St. Louis Bi-Weekly Reserves and Monetary Base

The adjusted monetary base is an index that measures the effects on a central bank’s balance sheet of its open market operations, discount window lending, unsterilized foreign exchange market intervention, and changes in statutory reserve requirements.

This series has been reconstructed starting July 14, 2003. For further information, please refer to http://research.stlouisfed.org/publications/review/03/09/Anderson.pdf. Historical data and components are available at http://research.stlouisfed.org/publications/review/03/09/0309ra.xls.

Original content Bob DeMarco, Look Beyond the Obvious

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