Historical Year Data · 2016
Reserve Balances at Fed in 2016
Reserve Balances at Fed opened 2016 at $2122B and closed at $1953B, a -7.97% move for the year. The high of $2516B was reached on March 9, and the low of $1953B on December 28.
Open
$2122B
2016-01
Close
$1953B
52 data points
High
$2516B
Mar 9
Low
$1953B
Dec 28
Full Year Change
-7.97%
2015 Change
-11.32%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $2122B | $2396B | $2455B | $2122B | +12.92% |
| Feb | $2375B | $2421B | $2478B | $2375B | +1.96% |
| Mar | $2482B | $2408B | $2516B | $2408B | -2.95% |
| Apr | $2392B | $2374B | $2497B | $2374B | -0.74% |
| May | $2361B | $2333B | $2416B | $2333B | -1.21% |
| Jun | $2394B | $2256B | $2449B | $2256B | -5.75% |
| Jul | $2253B | $2322B | $2328B | $2253B | +3.04% |
| Aug | $2333B | $2338B | $2395B | $2329B | +0.22% |
| Sep | $2374B | $2132B | $2374B | $2132B | -10.20% |
| Oct | $2000B | $2062B | $2147B | $2000B | +3.08% |
| Nov | $2108B | $2097B | $2176B | $2097B | -0.54% |
| Dec | $2144B | $1953B | $2144B | $1953B | -8.93% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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