What statistics does the fed use?
Richard K asked:
The Fed apparently is able to monitor the flow of credit between banks. They say it is frozen. Is this based on activity on the Fedwire? e.g. loans of fed funds between banks? repurchase agreements? Can someone tell me what data they monitor. are these data available to me somewhere on the web? Maybe a daily statistic of the Federal reserve?
Jacob
The Fed apparently is able to monitor the flow of credit between banks. They say it is frozen. Is this based on activity on the Fedwire? e.g. loans of fed funds between banks? repurchase agreements? Can someone tell me what data they monitor. are these data available to me somewhere on the web? Maybe a daily statistic of the Federal reserve?
Jacob
Deborah
In this situation, they are talking about inter-bank lending. The best measure of monitoring inter-bank lending is the LIBOR index, which measures loan rates between banks in London. Check it out! We have NEVER seen anything like this before.