Print
Quarterly Report on Federal Reserve
Balance Sheet Developments
| Contents | Purpose | Abbreviations |
Purpose
The Federal Reserve prepares this quarterly report as part of its efforts to enhance transparency about its balance sheet, financial information, and monetary policy tools, and to ensure appropriate accountability to the Congress and the public.
The appendix of this report contains information about the transparency provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act) and the Federal Reserve's efforts to meet the requirements of those provisions.
For prior editions of this report (which was published from June 2009 to August 2012 as the "Monthly Report on Credit and Liquidity Programs and the Balance Sheet") and other resources, please visit the Board's public website at www.federalreserve.gov/monetarypolicy/clbsreports.htm.
Errata
The Federal Reserve revised this report on May 13, 2016. The revisions are listed below.
- On p. 6, table 1—The final column header was revised from "Change from February 25, 2016” to “Change from February 25, 2015."
- On p. 8—The year was revised from 2016 to 2015 in two places in the following: "To implement its monetary policy stance announced on December 16, 2015, the FOMC authorized the FRBNY to conduct open market operations, including overnight reverse repurchase operations and previously authorized term reverse repurchase operations, as necessary to maintain the federal funds rate in a target range of 1/4 to 1/2 percent. Starting December 17, 2015, overnight reverse repos were conducted at a rate of 0.25 percent, in amounts limited only by the value of Treasury securities held outright in the SOMA that are available for such operations (around $2 trillion) and by a per-counterparty limit of $30 billion per day."
- On p. 9—The year was revised from 2016 to 2015 in the following: "On December 16, 2015, the FOMC authorized the FRBNY to conduct open market operations, including overnight reverse repos and previously authorized term reverse repos, as necessary to maintain the federal funds rate in a target range of 1/4 to 1/2 percent to implement its monetary policy stance announced that day."
- On p. 12, table 4—The date in the subtitle was revised from “October 28, 2015” to “October 29, 2015.”
References
Financial information in this report has not been audited. Financial data are audited annually and are available at www.federalreserve.gov/monetarypolicy/bst_fedfinancials.htm.
