H3: Elimination of Reserve Requirements

Published on April 9, 2020

As announced on March 15, 2020, the Board reduced reserve requirement ratios on net transaction accounts to 0 percent, effective March 26, 2020. This action eliminated reserve requirements for all depository institutions. As a result, many of the items related to reserve requirements and featured in tables 1 and 2 of the Board's Statistical Release H.3, "Aggregate Reserves of Depository Institutions and the Monetary Base," are zero beginning with the two weeks ending April 8, 2020.

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H41: Changes to Factors Affecting Reserve Balances - H.4.1

March 26, 2020
The Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks," has been modified to include information related to the Primary Dealer Credit Facility (PDCF) and Money Market Mutual Fund Liquidity Facility (MMLF). Information for both facilities is presented in tables 1, 2, 4, and 5.The PDCF was approved by th

G17: G.17 Data for March 2020 are now available

April 15, 2020
Industrial production and capacity utilization data for March 2020 are now available.Total industrial production fell 5.4 percent in March, as the COVID-19 (coronavirus disease 2019) pandemic led many factories to suspend operations late in the month. Manufacturing output fell 6.3 percent; most major industries posted decreases, with the largest decline registered by motor vehicles and parts. The