Indicator Terminal View
Integrated Brief
As of 2026-09-30, the Bank Reserves (Reserve Balances at the Fed) stood at $2.95T, up $18.0B from the prior reading, at the 7th percentile of the past 5 years. Reserve balances held by depository institutions at the Federal Reserve, in trillions of USD. The raw cash level of the banking system, and the number market participants watch for "reserve scarcity" (the level fell from a ~$4.3T peak toward ~$3T as QT drained it). Display-only context, NOT in the DLI score: the headline tracks the net-liquidity FLOW (is liquidity being added or drained now), and reserves enter that flow via WALCL − TGA − ON RRP. The absolute level is shown here because it is the figure traders quote, while the reserve-buffer ratio normalizes it against bank assets. A reserve LEVEL was deliberately kept out of the score — it anti-tracks financial conditions in an ample regime.
Core Print
Current Interpretation
Bank Reserves read $2.95T on 2026-09-30 (+$18.0B vs prior reading). Based on its standardized historical distribution (z-score), current positioning reflects a "neutral range". Check related plumbing indicators to evaluate broader systemic conditions.
Source: FRED · WRESBAL. Refreshed every 6 hours and free to access via the JSON API.
→ See all indicators in today's snapshot·What is dollar liquidity?
Bank Reserves is shown for context and does not enter the DLI score.
Read the full guide to Bank Reserves: what it measures, how to read it, and the common mistakes.