Economy · United States · Money and credit

US monetary base

US$5.41 tn in August 2026, compared with US$5.52 tn in July 2026.

Monthly · US$ trillion · US$5.69 tn a year earlier · Updated 12 hrs ago

Range, past 10 years52-week and 10-year range The lowest and highest values over a period, with a marker for where the latest value sits between them. Learn more: US$3.20 tn Sept 2019US$6.41 tn Dec 2021
Over 3 monthsYear on year, month on month, quarter on quarter How a figure compares with the same period a year earlier (y/y), or with the period just before (m/m, q/q). Year-on-year removes seasonal swings; shorter comparisons show turning points sooner. Learn more: −2.3%from US$5.54 tn
Over 12 monthsPercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more: −4.8%from US$5.69 tn
Long-run averageLong-run average The average of every reading in the series' history. A rough guide to what is normal, though economies change and some series never return to their old average. Learn more: US$2.85 tnsince 1999
Against its historyPercentile against history Where the latest reading ranks among every reading since the series began. The 90th percentile means it is higher than 90% of past readings. Learn more: 83rdpercentile: higher than 83% of readings since 1999

HistorySeasonally adjusted A figure with the regular calendar pattern removed (Christmas, school holidays, harvests), so one month can be compared fairly with the next. Learn more

US$ trillion, monthly

3.04.05.06.07.0Aug 2016Aug 2021Aug 2026

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The latest 24 readings in this range.

Currency in circulation plus the reserves banks hold at the Federal Reserve (sometimes called M0).

Moves with the Fed's balance sheet; it ballooned with quantitative easing and shrinks with tightening.