OECD Descriptor ID: IRSTLQ01 OECD unit ID: PC OECD country ID: CRI All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database), https://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission
OECD Descriptor ID: IRSTCB01 OECD unit ID: PC OECD country ID: RUS All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database), https://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission
OECD Descriptor ID: IR3TTS01 OECD unit ID: PC OECD country ID: CHN All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database), https://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission
Data Refer To Aaa Grade Bonds. Data Were Checked In Part With Annual Averages, In Federal Reserve Bulletins, Annual Reports Of The Federal Reserve Board, And Moody'S Industrials. The Survey Of Current Business Is The Only Source That Publishes The Series In Its Entirety; Moody'S Bond Survey Publishes Only The Daily Data From Which The Monthly Series Is Made Up. Data For 1919-1941 Can Also Be Found In The Federal Reserve Board'S "Banking And Monetary Statistics", 1943. Source: U.S. Department Of Commerce, Survey Of Current Business, November 1937, P. 19 And Successive Issues. This NBER data series m13035 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13035
Data Refer To Baa Grade Bonds. Data Were Checked In Part With Annual Averages In Federal Reserve Bulletins, Annual Reports Of The Federal Reserve Board, And Moody'S Industrials. The Survey Of Current Business Is The Only Source That Publishes The Series In Its Entirety. Moody'S Bond Survey Publishes Only The Daily Figures From Which The Monthly Series Is Made Up. Moody'S Is The Original Collecter Of The Data. Source: U.S Department Of Commerce, Survey Of Current Business, November 1937, P. 19 And Following Issues. This NBER data series m13036 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13036
Data Refer To Aaa Grade Bonds. Data Through 1962 Include: Hartford, Connecticut -- 18 Year 3.5% Bonds; Indianapolis, Indiana -- 25 Year 3.625% Bonds; Maryland -- 14 Year 3% Bonds; Milwaukee, Wisconsin -- 20 Year 3% Bonds; New York State -- 25 Year 3% Bonds (See Moody'S, July 16, 1962). Source: Moody'S Municipal And Investment Manual, 1961; Successives Issues Of Moody'S Bond Survey Thereafter. This NBER data series m13043 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13043
Data Are For Newly Issued Yields Which Are Averages Of Offering Yields On New Issues (Other Than Convertibles, Issues With Warrants And Equipment Trusts) Weighted By Amounts Offered. No Offerings Were Given For The Missing Months. Source: Moody'S Bond Survey, February 9, 1959 And First Issue Of Each Month Thereafter. This NBER data series m13044 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13044
Data Through June 1961 Are Based On 25 Year Mortgages Prepaid In 12 Years; Data For July 1961-1965 Are Based On 30 Year Mortgages Prepaid In 15 Years. Source: U.S. Department Of Commerce, Business Condition Digest. This NBER data series m13045 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13045
Data For August-November 1914 Was Straight Line Interpolated Since The Exchange Was Closed. Source: Standard And Poor'S, Trade And Securities Statistics: Security Price Index Record, 1964; Current Statistics, March 1964. This NBER data series m13048 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13048
Data Are For Monthly Averages Of The Weekly Yields Index Given In "The Weekly Bond Buyer For The Capital Market Investor", Published By The Bond Buyer, New York City. Source: U.S. Bureau Of The Census, Business Cycle Developments, July 1964 And Subsequent Issues. This NBER data series m13050 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13050
Series Covers Only Selected Notes And Bonds. Source: Federal Reserve Bulletin This NBER data series m13057 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13057
Source: Morgan Guaranty Trust Company This NBER data series m13058 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13058
Data Refer To Aaa Grade Bonds. Source: Moody'S Industrial Manual, 1965 And Successive Issues Of Moody'S Bond Survey, Weekly Publication. This NBER data series m13059 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13059
Data Refer To Baa Grade Bonds. Source: Moody'S Industrial Manual, 1965; Moody'S Bond Survey, Successive Weekly Issues. This NBER data series m13060 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13060
Data Refer To Aaa Grade Bonds. Source: Moody'S Transportation Manual, 1965; Moody'S Bond Survey, Weekly Issues Thereafter. This NBER data series m13061 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13061
Data Refer To Baa Grade Bonds. Source: Moody'S Transportation Manual, 1965; Moody'S Bond Survey, Weekly Issues Thereafter. This NBER data series m13062 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13062
Data Refer To Aaa Grade Bonds. Source: Moody'S Public Utility Manual, 1965; Moody'S Bond Survey, Weekly Issues Thereafter. This NBER data series m13063 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13063
Data Refer To Baa Grade Bonds. Source: Moody'S Public Utility Manual, 1965; Moody'S Bond Survey, Weekly Issues Thereafter. This NBER data series m13064 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13064
Data Refer To Baa Grade Bonds. Data Are Monthly Averages Of Published Weekly Figures. Data Beginning In 1962 Are Not Comparable With Previous Years. Source: Computed By NBER From Figures In Moody'S Bond Survey; Also See Federal Reserve Bulletins. This NBER data series m13065 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13065
Data Are For All Bonds Having At Least Ten Years Maturity, Based On Arithemetic Average Yields. Data For December 1914 Were Obtained By A Linear Interpolation Between July And December. Source: F.R. Macaulay, The Movement Of Interest Rates, Bond Yields, And Stock Prices In The United States Since 1856 (NBER, 1938), Appendix Table 10, Col. 4, P. A142 And Following Pages. This NBER data series m13019a appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13019a
Data Are Adjusted For Trend And Economic Drift. Source: F.R. Macaulay, The Movement Of Interest Rates, Bond Yields, And Stock Prices In The United States Since 1856 (NBER, 1938), Appendix Table 10, Pp. A142-A161. This NBER data series m13019b appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13019b
Series Is Presented Here As Three Variables--(1)--Original Data, 1870-1813 (2)--Original Data, 1924-1931 (3)--Original Data, 1926-1935. The Figure For November 1903 Was Given In Source As 2.54, But Is Presented Heer As 3.54; The Figure For December 1903 Was Given In Source As 2.53, But Is Given Here As 3.53. NBER Provides No Explanation. Source: Institut Of Konjunkturforschung, Viertilsjahrshefte Zur Konjunkturforschung, Sosderkeft 36, Pp. 98-99. This NBER data series m13028a appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13028a
Series Is Presented Here As Three Variables--(1)--Original Data, 1870-1813 (2)--Original Data, 1924-1931 (3)--Original Data, 1926-1935. Data Refer To Simple Average Yield Of Gold Mortgage Bonds With Nominal Interest Rates Of 5, 6, 7, 8, And 10%. Each Group Is An Average Of Ten Bonds (Except In 1926, When The 6% Group Is An Average Of Four Bonds, And In 1927, When The 10% Group Is An Average Of Eight Bonds). Sometimes Figures Are Published Without Indicating The Number Of Bonds. Source: Wirtschaft Und Statistik, 1925, P. 207, And Following Issues. This NBER data series m13028b appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13028b
Series Is Presented Here As Three Variables--(1)--Original Data, 1870-1813 (2)--Original Data, 1924-1931 (3)--Original Data, 1926-1935. Data For 1926-1927 Were Computed By NBER By Using Gold Mortgage Bond Yields For The Two Years Multiplied By .900, The Average Monthly Ratio Of January-June 1928 Of This Variable And The Previous (Covering 1925-1930) -- Six Percent Bond Yields To Gold Mortgage Bond Yields. Data For 1928-1935 Were Originally Given As"Price Of Six Percent Bonds In Percent Of Par" And Have Been Reduced To Bond Yields By Dividing "Price" Into Six Percent. Bonds Include The Weighted Average Market Value Of (1)--Mortgage Bonds (2)--Municipal Loans (3)-- Other Public Loans, Government And State (4)--Industrial Bonds. Weights Are Based On Outstanding Amount And Are Seventeen, Five, Seven, And Two Respectively. Data For 1928-September 1931 Include 59 Bonds, 20 Mortgage, 15 Municipal, 14 Other Public, And 10 Industrial. Data For July 1931-February 1932 Reflect A Banking Crisis, Where Interest Rates Above 6% Were Reduced To 6%. No Data Indicates A Banking Holiday. Data For April 1932-February 1935 Include 169 Bonds; 50 Mortgage, 55 Municipal, 34 Other Public, And 30 Industrial. Data For November 1933-1935 Exclude Loans Floated With A Dollar Clause; Data For July 1934-1935 Exclude Two Government Loans, Formerly Included. The Figure For June 1934 On The New Basis Is 6.75. This Variable Ends In March 1935, As The Law Of April 1935 Reduced Interest To 4.5%, With The Exception Of Industrials. Source: Data For 1926-1927: Computed By NBER. Data For 1928-1932: Konjunkturstatistisches Handbuch, 1933, P. 134. Data For 1933-1935: Wirtschaft Und Statistik. This NBER data series m13028c appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13028c
Series Is Presented Here As Two Variables--(1)--Original Data, 1920-1934 (2)--Original Data, 1931-1969. Data For 1920-March 1934 Are For The Average Daily Figures For U.S. Treasury Three-Six Month Notes And Certificates. Beginning February 1931, Data Are Averages Of Weekly Rates Discount On New Treasury Three Month Bills. Data For 1920-1921 Are For Average Daily Figures For The Week Nearest The 15Th Of The Month. Data For April-June 1928 Are Based On Certificates Of Six To Nine Months Maturity. Source: Direct From The The Federal Reserve Board; Also Banking And Monetary Statistics, P. 460. This NBER data series m13029a appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13029a
Series Is Presented Here As Two Variables--(1)--Original Data, 1920-1934 (2)--Original Data, 1931-1969. Maturity Periods Covered By Data Are: Three Months To February 16, 1934; Six Months From February 23, 1934 To February 23, 1935; Nine Months From March 1, 1935 To October 15, 1937; Bills Maturing About March 16, 1938 From October 22 To December 10, 1937; Three Months From December 17, 1937 To Date (See Frb Bulletin, May 1945, P. 490.) Beginning In March 1941 Yields Became Taxable; They Were Previously Tax Exempt. Data Beginning In January 1947 Are Revised Data Based On New Bills Issued Within The Period; Previously Data Were Based On New Issues Announced (See Frb, September 1950, P. 1216). Source: Federal Reserve Board, Federal Reserve Bulletin, May 1945 And Following Monthly Issues. This NBER data series m13029b appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13029b
Series Is Presented Here As Two Variables--(1)--Original Data, 1919-1944 (2)--Original Data, 1941-1967. Data Were Computed By The Average Of Daily Figures. Data Include Yields In The Partially Tax Exempt Catagory; Data For 1919-1925 Are Callable After Eight Years; Data For 1926-1944, After Twelve Years. Data For 1919-October 15, 1925 Also Include Certain Liberty Loan Issues. Source: Federal Reserve Bulletin, December 1938, P. 1045 And Following Monthly Issues Through March 1944 (Checked With U.S. Department Of Commerce, Survey Of Current Business, March 1939, P. 18, And Following Issues). This NBER data series m13033a appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13033a
Series Is Presented Here As Two Variables--(1)--Original Data, 1919-1944 (2)--Original Data, 1941-1967. Yield Is The Average For Taxable U.S. Bonds, Averages Being Computed On Basis Of The Mean Of Closing Bid And Ask Quotations On The Over-The-Counter-Market In New York City. Data For 1941-March 1952 Refer To Bonds Which Were Neither Due Or Callable For At Least Fifteen Years; Data For April 1952-March 1953, At Least Twelve Years; Data For April 1953-October 1955, From Twelve To Twenty Years; For November 1955-1967, From Ten To Twenty Years. Data For 1958-1962 Were Figured On Averages Of Daily Figures, Therefore Discrepancies May Result When Averages Of Weekly Figures Are Taken. Source: U.S. Treasury Department, Treasury Bulletin Of February 1948, And Following Monthly Issues (See Issues Of Federal Reserve Board Bulletins, May 1945, October 1947, January 1958, P. 84, And Following Monthly Issues. This NBER data series m13033b appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13033b
Series Is Presented Here As Two Variables--(1)--Original Data, 1919-1930 (2)--Original Data, 1925-1934. Data For 1919-1922 Computed On The Last Day Of The Month; Data For 1923-1930 Were Computed At The Middle Of The Month. Source: London And Cambridge Economic Service, Monthly Bulletins Of January 1923, P. 11 (For 1919-1921 Data), April 1925, P. 17, And Following Issues. This NBER data series m13034a appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13034a
Series Is Presented Here As Two Variables--(1)--Original Data, 1919-1930 (2)--Original Data, 1925-1934. Data Were Computed At The Middle Of The Month. Source: London And Cambridge Economic Service, Special Memorandum No. 33, January 1931, P. 13, And Following Monthly Bulletins. This NBER data series m13034b appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13034b
Series Is Presented Here As Three Variables--(1)--Original Data, 1840-1852 (2)--Original Data, 1852-1888 (3)--Original Data, 1888-1938. Source: Annual Register This NBER data series m13041a appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13041a
Series Is Presented Here As Three Variables--(1)--Original Data, 1840-1852 (2)--Original Data, 1852-1888 (3)--Original Data, 1888-1938. Source: Statistical Abstract For The United Kingdom This NBER data series m13041b appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13041b
Series Is Presented Here As Three Variables--(1)--Original Data, 1840-1852 (2)--Original Data, 1852-1888 (3)--Original Data, 1888-1938. Data For 1888-March 1903 Are Yield Of 2.75% Consols; Data For April 1903-1938 Are Yield Of 2.5% Consols. The Figure For April 1903 Was Computed As The Weighted Mean Of The Average Yield Of 2.75% Consols For April 1-4; And The Average Yield Of 2.5% Consols For April 6-30. Source: Statistical Abstract For The United Kingdom This NBER data series m13041c appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13041c
Series 13046 Is Presented Here As Two Variables--(1)--Original Data, 1871-1938 (2)--Original Data, 1926-1969. The Rates Represent Expected Annual Dividend Payments Divided By Total Stock Vallues For Each Month. The Stock Exchange Was Closed August-November Of 1914, Therefore Data Was Interpolated. Source: Alfred Cowles Iii And Associates, Commonstock Indexes, Second Edition, 1939. This NBER data series m13046a appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13046a
Series Is Presented Here As Two Variables--(1)--Original Data, 1871-1938 (2)--Original Data, 1926-1969. The Index For 1926-February 1957 Is Based On Daily Quotations For Ninety Stocks; The Index For March 1957-1969 Is Based On Daily Quotations For Five Hundred Stocks. Source: Standard And Poor'S, Data For 1926-1963: Trade And Security Statistics: Security Price Index Record, 1964 Edition. Data For 1964-1969: Current Statistics, Monthly Issues. This NBER data series m13046b appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13046b
Series Is Presented Here As Two Variables--(1)--Original Data, 1948-1961 (2)--Original Data, 1959-1968. Source: Data For 1948-1960: U.S. Bureau Of The Census, Business Cycle Developments, July 1964. Data For 1961: Secured By Phone Direct From The First National City Bank On December 1, 1964. This NBER data series m13047a appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13047a
Series Is Presented Here As Two Variables--(1)--Original Data, 1948-1961 (2)--Original Data, 1959-1968. Source: U.S. Bureau Of The Census, Business Cycle Developments, August 1966 And Subsequent Issues. This NBER data series m13047b appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13047b
Averages of business days, discount basis.
Averages of business days, discount basis.
Averages of business days, discount basis.
Averages of business days, discount basis.
Balances maintained that exceed the top of the penalty-free band are remunerated at the interest rate to be paid on excess balances. Effective February 2, 1984, reserve computation and maintenance periods have been changed from weekly to bi-weekly. Series with data prior to February 2, 1984 have different values reported from one week to the next. After February 2, 1984, the value repeats for 2 consecutive weeks. Effective July 23, 2015, the Federal Reserve Board changed the formula for calculating interest for depository institutions with excess balances. The new formula is based on the daily interest rate on excess reserves (IOER rate) and the daily balance maintained, rather than the maintenance period IOER rate and the average balance maintained over the maintenance period. The IOER and IORR rates effective for a given day are now published on the "Interest on Required Balances and Excess Balances" page on the Federal Reserve Board's website at http://www.federalreserve.gov/monetarypolicy/reqresbalances.htm
Balances maintained to satisfy reserve balance requirements up to and including the top of the penalty-free band are remunerated at the rate paid on balances maintained up to the top of the penalty-free band. Effective February 2, 1984, reserve computation and maintenance periods have been changed from weekly to bi-weekly. Series with data prior to February 2, 1984 have different values reported from one week to the next. After February 2, 1984, the value repeats for 2 consecutive weeks. Effective July 23, 2015, the Federal Reserve Board changed the formula for calculating interest for depository institutions with excess balances. The new formula is based on the daily interest rate on excess reserves (IOER rate) and the daily balance maintained, rather than the maintenance period IOER rate and the average balance maintained over the maintenance period. The IOER and IORR rates effective for a given day are now published on the "Interest on Required Balances and Excess Balances" page on the Federal Reserve Board's website at http://www.federalreserve.gov/monetarypolicy/reqresbalances.htm
OECD Descriptor ID: IRLOHO02 OECD unit ID: PC OECD country ID: LUX All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database), https://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission
Average of offering rates on commercial paper placed by several leading dealers for firms whose bond rating is AA or equivalent, quoted on a discount basis. Averages of daily figures.
Average of offering rates on commercial paper placed by several leading dealers for firms whose bond rating is AA or equivalent, quoted on a discount basis. Averages of daily figures.
Average of offering rates on commercial paper placed by several leading dealers for firms whose bond rating is AA or equivalent, quoted on a discount basis. Averages of daily figures.
OECD Descriptor ID: IR3TCD01 OECD unit ID: PC OECD country ID: USA All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database), https://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission
The Composite Mill Net Yield Index Represents The Amount Per Ton Received By U.S. Steel Corporation Subsidiaries (After Deduction Of Cost Of Delivery) On A Representative Constant Assortment Of All Principal Products, Relative To 1926. Source: Confidential Reports To Tnec From The U.S. Steel Corporation This NBER data series m04140 appears on the NBER website in Chapter 4 at http://www.nber.org/databases/macrohistory/contents/chapter04.html. NBER Indicator: m04140
On November 17, 2022, Freddie Mac changed the methodology of the Primary Mortgage Market Survey® (PMMS®). The weekly mortgage rate is no longer based on a survey of lenders. For more information regarding Freddie Mac’s enhancement, see their research note (https://www.freddiemac.com/research/insight/20221103-freddie-macs-newly-enhanced-mortgage-rate-survey). Data are provided “as is” by Freddie Mac®, with no warranties of any kind, express or implied, including but not limited to warranties of accuracy or implied warranties of merchantability or fitness for a particular purpose. Use of the data is at the user’s sole risk. In no event will Freddie Mac be liable for any damages arising out of or related to the data, including but not limited to direct, indirect, incidental, special, consequential, or punitive damages, whether under a contract, tort, or any other theory of liability, even if Freddie Mac is aware of the possibility of such damages. Copyright, 2016, Freddie Mac. Reprinted with permission.
OECD Descriptor ID: IR3TBB01 OECD unit ID: PC OECD country ID: AUS All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database), https://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission
Source ID: PC073164013.A For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx). With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx). In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=PC073164013&t=) provided by the source.
In May of 2016, the source discovered errors in the calculation of the CFSI and began a detailed review of the index and its underlying model. Following that review, the source decided to discontinue the CFSI. https://www.clevelandfed.org/en/our-research/indicators-and-data/cleveland-financial-stress-index.aspx The source has posted to their website a message regarding this release: Cleveland Financial Stress Index under review and a revised index expected in the fourth quarter of 2016. A thorough review of the index is being conducted to both simplify the index and enhance its robustness, while also taking into consideration changes in financial markets and institutions. This review and the revisions to the CFSI are expected to be completed sometime during the fourth quarter of this year, and additional details will be made available at that time. Thank you for your patience while we improve the CFSI. This chart shows the contribution of the Treasury yield curve spread to the CFSI. The spread is a useful predictor of recessions and real economic activity. It is calculated as the difference between the 3-Month and 10-Year US Treasury yields. The spread captures the combination of long-term uncertainty and short-term liquidity needed at the outset of- and during-recessionary times.
Source ID: FL075035223.Q For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx). With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx). In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FL075035223&t=) provided by the source.
OECD Descriptor ID: IRSTCB01 OECD unit ID: PC OECD country ID: CZE All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database), https://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission
High values of the federal funds rate published in The New York Herald-Tribune as recorded by the authors. For some, but not all periods, the source identifies the observation as a “bid” rate. For additional details, see Sriya Anbil, Mark Carlson, Christopher Hanes, and David C. Wheelock. “A New Daily Federal Funds Rate Series and History of the Federal Funds Market, 1928-1954.” (https://research.stlouisfed.org/publications/review/2021/01/14/a-new-daily-federal-funds-rate-series-and-history-of-the-federal-funds-market-1928-54) Federal Reserve Bank of St. Louis Review, First Quarter 2021, 103(1), pp. 45-70.
Low values of the federal funds rate published in The New York Herald-Tribune as recorded by the authors. For some, but not all periods, the source identifies the observation as a “bid” rate. For additional details, see Sriya Anbil, Mark Carlson, Christopher Hanes, and David C. Wheelock. “A New Daily Federal Funds Rate Series and History of the Federal Funds Market, 1928-1954.” (https://research.stlouisfed.org/publications/review/2021/01/14/a-new-daily-federal-funds-rate-series-and-history-of-the-federal-funds-market-1928-54) Federal Reserve Bank of St. Louis Review, First Quarter 2021, 103(1), pp. 45-70.
High value of the federal funds rate published in The Wall Street Journal as recorded by the authors. For some, but not all periods, the source identifies the data as an “offered” rate. For additional details, see Sriya Anbil, Mark Carlson, Christopher Hanes, and David C. Wheelock. “A New Daily Federal Funds Rate Series and History of the Federal Funds Market, 1928-1954.” ( https://research.stlouisfed.org/publications/review/2021/01/14/a-new-daily-federal-funds-rate-series-and-history-of-the-federal-funds-market-1928-54) Federal Reserve Bank of St. Louis Review, First Quarter 2021, 103(1), pp. 45-70.
Low values of the federal funds rate published in The Wall Street Journal as recorded by the authors. For some, but not all periods, the source identifies the data as a “bid” rate. For additional details, see Sriya Anbil, Mark Carlson, Christopher Hanes, and David C. Wheelock. “A New Daily Federal Funds Rate Series and History of the Federal Funds Market, 1928-1954.” (https://research.stlouisfed.org/publications/review/2021/01/14/a-new-daily-federal-funds-rate-series-and-history-of-the-federal-funds-market-1928-54) Federal Reserve Bank of St. Louis Review, First Quarter 2021, 103(1), pp. 45-70.
OECD Descriptor ID: IR3TBB01 OECD unit ID: PC OECD country ID: AUS All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database), https://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission