Historical Year Data · 2023
Reserve Balances at Fed in 2023
Reserve Balances at Fed opened 2023 at $2830B and closed at $3446B, a +21.78% move for the year. The high of $3541B was reached on December 13, and the low of $2830B on January 4.
Open
$2830B
2023-01
Close
$3446B
52 data points
High
$3541B
Dec 13
Low
$2830B
Jan 4
Full Year Change
+21.78%
2022 Change
-21.81%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $2830B | $3032B | $3147B | $2830B | +7.13% |
| Feb | $3016B | $3017B | $3041B | $3016B | +0.04% |
| Mar | $2998B | $3438B | $3438B | $2998B | +14.65% |
| Apr | $3292B | $3136B | $3414B | $3136B | -4.75% |
| May | $3090B | $3309B | $3309B | $3090B | +7.11% |
| Jun | $3350B | $3172B | $3350B | $3172B | -5.32% |
| Jul | $3115B | $3172B | $3230B | $3115B | +1.84% |
| Aug | $3190B | $3238B | $3246B | $3187B | +1.53% |
| Sep | $3307B | $3170B | $3335B | $3170B | -4.14% |
| Oct | $3146B | $3262B | $3354B | $3146B | +3.69% |
| Nov | $3267B | $3442B | $3454B | $3267B | +5.34% |
| Dec | $3513B | $3446B | $3541B | $3446B | -1.90% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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