View the total value of the assets of all Federal Reserve Banks as reported in the weekly balance sheet.

Among the ** Federal Reserve Banks of the Federal Reserve System in the United States, the Federal Reserve Bank of New York held by far the highest value of assets in 2023. With approximately *** trillion U.S. dollars on its balance sheet, the Federal Reserve Bank of New York held over ** percent of the Fed's total assets. It was followed by the Federal Reserve Bank of San Francisco.

The total operating expenses of the Federal Reserve (Fed) were 9.17 billion U.S. dollars in 2023, down from 9.18 billion U.S. dollars in 2022. Total operating expenses included salaries and benefits, Board expenses, currency costs, and the operations of the Consumer Financial Protection Bureau.

Graph and download economic data for Time Deposits, Reporting Member Banks, Federal Reserve System for United States (M1479DUSM027NNBR) from Jan 1952 to Jun 1956 about deposits, banks, depository institutions, and USA.

The Federal Reserve's balance sheet has undergone significant changes since 2007, reflecting its response to major economic crises. From a modest *** trillion U.S. dollars at the end of 2007, it ballooned to approximately *** trillion U.S. dollars by August 2025. This dramatic expansion, particularly during the 2008 financial crisis and the COVID-19 pandemic - both of which resulted in negative annual GDP growth in the U.S. - showcases the Fed's crucial role in stabilizing the economy through expansionary monetary policies. Impact on inflation and interest rates The Fed's expansionary measures, while aimed at stimulating economic growth, have had notable effects on inflation and interest rates. Following the quantitative easing in 2020, inflation in the United States reached ***** percent in 2022, the highest since 1991. However, by July 2025, inflation had declined to *** percent. Concurrently, the Federal Reserve implemented a series of interest rate hikes, with the rate peaking at **** percent in August 2023, before the first rate cut since September 2021 occurred in September 2024. Financial implications for the Federal Reserve The expansion of the Fed's balance sheet and subsequent interest rate hikes have had significant financial implications. In 2023, the Fed reported a negative net income of ***** billion U.S. dollars, a stark contrast to the ***** billion U.S. dollars profit in 2022. This unprecedented shift was primarily due to rapidly rising interest rates, which caused the Fed's interest expenses to soar to over *** billion U.S. dollars in 2023. Despite this, the Fed's net interest income on securities acquired through open market operations reached a record high of ****** billion U.S. dollars in the same year.

The application currently consists of the following forms: • Application for Employment (FR 28), which collects information to determine the qualifications of applicants for employment with the Board (such as education and training, employment record, and other information since the time the applicant left high school), • Applicant’s Voluntary Self-Identification (FR 28s), which is an optional form that collects information on the applicant’s gender, race, and ethnicity, and • Research Assistant Candidate Survey of Interests and Computer Experience (FR 28i) if the applicant is applying for a position as a Research Assistant (RA), which collects information on the RA applicant’s level of interest in various economic topics and experience in different data analytics/programs.

The total value of currency in circulation in the United States reached approximately 2.3 trillion U.S. dollars in 2023, marking a slight increase from the previous year. Over the observed period, the value of currency rose steadily, with a notable spike in 2020. In 2023, the overall value of 100-dollar bills in circulation accounted for 1.89 trillion U.S. dollars.

Graph and download economic data for Percentage of Reserves Held to Reserves Required, All Member Banks, Federal Reserve System for United States (M1486AUSM156NNBR) from Jan 1918 to Dec 1928 about reserves, percent, banks, depository institutions, and USA.

In 2023, the Federal Reserve System stood as the world's largest central bank, with total assets surpassing *** trillion U.S. dollars. Comprising 12 Federal Reserve Banks, the system's largest component, the Federal Reserve Bank of New York, held a significantly higher asset value than its counterparts. The People's Bank of China secured the second position globally, managing assets valued at approximately *** trillion U.S. dollars. Following closely, the Bank of Japan ranked third with assets totaling **** trillion U.S. dollars on its balance sheet.

The Federal Reserve Banks provide the Fedwire Funds Service, a real-time gross settlement system that enables participants to initiate funds transfer that are immediate, final, and irrevocable once processed. Depository institutions and certain other financial institutions that hold an account with a Federal Reserve Bank are eligible to participate in the Fedwire Funds Services. In 2008, approximately 7,300 participants made Fedwire funds transfers. The Fedwire Funds Service is generally used to make large-value, time-critical payments.The Fedwire Funds Service is a credit transfer service. Participants originate funds transfers by instructing a Federal Reserve Bank to debit funds from its own account and credit funds to the account of another participant. Participants may originate funds transfers online, by initiating a secure electronic message, or off line, via telephone procedures.

The Agricultural Finance Databook is a compilation of various data on current developments in agricultural finance. Large portions of the data come from regular surveys conducted by the Board of Governors of the Federal Reserve System or by Federal Reserve Banks. Other portions come from the quarterly Call Report data of commercial banks or from the reports of other financial institutions involved in agricultural lending. This data is no longer published by the Federal Reserve Board. On October 1, 2010, the E.15 statistical release transitioned from the Board of Governors to the Federal Reserve Bank of Kansas City. You can now find the most current Agricultural Finance Databook at https://www.kansascityfed.org/research/indicatorsdata/agfinancedatabook.

Summary View is a part of the Credit Easing indicator of the Federal Reserve Bank of Cleveland.

Content

More details about each file are in the individual file descriptions.

Context

This is a dataset from the Federal Reserve hosted by the Federal Reserve Economic Database (FRED). FRED has a data platform found here and they update their information according to the frequency that the data updates. Explore the Federal Reserve using Kaggle and all of the data sources available through the Federal Reserve organization page!

• Update Frequency: This dataset is updated daily.

Acknowledgements

This dataset is maintained using FRED's API and Kaggle's API.

The H.4.1 statistical release, Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks, is typically published on Thursday afternoon around 4:30 p.m. The release presents a balance sheet for each Federal Reserve Bank, a consolidated balance sheet for all 12 Reserve Banks, an associated statement that lists the factors affecting reserve balances of depository institutions, and several other tables presenting information on the assets, liabilities, and commitments of the Federal Reserve Banks.

This dataset is comprised of forty-five entities that are part of the United States Federal Reserve System according to the United States Department of Treasury. The Federal Reserve System is comprised of twelve Federal Reserve Banks and twenty-five Federal Reserve Branches. This data set contains all of the banks and branches as well as some check processing centers and offices that are affiliated with the US Federal Reserve System. This dataset does not contain the Federal Reserve Headquarters in Washington DC because it is an 'Administration Only' location. There is an entity within this dataset that is also included in the HSIP Gold Bullion Repositories 2006 Q3 dataset as the entity is considered to be a bullion repository as well as a Federal Reserve. The currentness of this dataset is indicated by the more recent date of the [CONTDATE] attribute and/or the [GEODATE] attribute. Based upon these attributes the oldest record dates from 07/19/2006 and the newest record dates from 08/04/2006. The most current [CONTDATE] is the most current contact date as provided by TGS. Due to the sensitive nature of these entities, TGS did not make contact with the entities within this dataset during this processing.

Graph and download economic data for Reserves of Depository Institutions: Total (TOTRESNS) from Jan 1959 to Jul 2025 about adjusted, reserves, and USA.

The FRB/US model is a large-scale estimated general equilibrium model of the U.S. economy that has been in use at the Federal Reserve Board since 1996. The model is designed for detailed analysis of monetary and fiscal policies. One distinctive feature compared to dynamic stochastic general equilibrium (DSGE) models is the ability to switch between alternative assumptions about expectations formation of economic agents. Another is the models level of detail: FRB/US contains all major components of the product and income sides of the U.S. national accounts. Since its original development, the model has continuously undergone changes to cope with the evolving structure of the economy, including conceptual revisions to sectoral definitions of the national accounts.

This activity will no longer be maintained after June 16, 2025. Current lessons are available in the K-12 Classroom Activities Gallery.

This activity uses Map Viewer. ResourcesMapTeacher guide Student worksheetGet startedOpen the map.Use the teacher guide to explore the map with your class or have students work through it on their own with the worksheet.New to GeoInquiriesTM? See Getting to Know GeoInquiries.Social Studies standardsC3: D2.Civ.6.9-12 – Critique relationships among governments, civil societies, and economic markets.C3:D2.Civ.13.9-12 – Evaluate public policies in terms of intended and unintended outcomes, and related consequences.Learning outcomesStudents will be able to identify the structure and function of the Federal Reserve system.More activitiesAll Government GeoInquiriesAll GeoInquiries

Since 2013, the Federal Reserve Board has conducted the Survey of Household Economics and Decision-making (SHED), which measures the economic well-being of U.S. households and identifies potential risks to their finances. The survey includes modules on a range of topics of current relevance to financial well-being including credit access and behaviors, savings, retirement, economic fragility, and education and student loans.

The Comprehensive Capital Analysis and Review (CCAR) is an annual exercise by the Federal Reserve to assess whether the largest bank holding companies operating in the U.S. have sufficient capital to continue operations throughout times of economic and financial stress and that they have robust, forward-looking capital-planning processes that account for their unique risks. As part of this exercise, the Federal Reserve evaluates institutions' capital adequacy, internal capital adequacy assessment processes, and their individual plans to make capital distributions, such as dividend payments or stock repurchases.