MarketXLS

Monetary Base: Total

5.488T for Wk of Jun 1 2026

Monetary Base: Total came in at 5.488T for Wk of Jun 1 2026, down 0.91% from 5.539T the prior week and 4.52% below its level of 5.748T one year ago. The series has averaged 1.264T since 1959, reaching a record high of 6.413T in December 2021 and a record low of 48.4B in March 1961.

Source: Federal Reserve Economic Data (FRED), St. Louis Fed

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Cite this data: "Monetary Base: Total," MarketXLS. Data from Federal Reserve Economic Data (FRED), St. Louis Fed. marketxls.com/indicators/monetary-base

Historical Data

Observation dateValue
June 1, 20265.488T
May 1, 20265.539T
April 1, 20265.47T
March 1, 20265.459T
February 1, 20265.388T
January 1, 20265.402T
December 1, 20255.374T
November 1, 20255.302T
October 1, 20255.362T
September 1, 20255.478T
August 1, 20255.686T
July 1, 20255.74T
June 1, 20255.748T
May 1, 20255.648T
April 1, 20255.732T
March 1, 20255.775T
February 1, 20255.613T
January 1, 20255.614T
December 1, 20245.604T
November 1, 20245.616T
October 1, 20245.567T
September 1, 20245.588T
August 1, 20245.67T
July 1, 20245.653T
June 1, 20245.731T
May 1, 20245.725T
April 1, 20245.775T
March 1, 20245.883T
February 1, 20245.896T
January 1, 20245.843T
December 1, 20235.827T
November 1, 20235.731T
October 1, 20235.601T
September 1, 20235.567T
August 1, 20235.559T
July 1, 20235.518T
June 1, 20235.609T
May 1, 20235.57T
April 1, 20235.593T
March 1, 20235.572T
February 1, 20235.322T
January 1, 20235.329T
December 1, 20225.406T
November 1, 20225.419T
October 1, 20225.34T
September 1, 20225.411T
August 1, 20225.582T
July 1, 20225.537T
June 1, 20225.506T
May 1, 20225.591T
April 1, 20225.885T
March 1, 20226.134T
February 1, 20226.04T
January 1, 20226.104T
December 1, 20216.413T
November 1, 20216.395T
October 1, 20216.331T
September 1, 20216.389T
August 1, 20216.329T
July 1, 20216.13T
June 1, 20216.027T
May 1, 20216.042T
April 1, 20216.042T
March 1, 20215.839T
February 1, 20215.447T
January 1, 20215.248T
December 1, 20205.207T
November 1, 20205.093T
October 1, 20204.917T
September 1, 20204.88T
August 1, 20204.807T
July 1, 20204.7T
June 1, 20205.002T
May 1, 20205.149T
April 1, 20204.845T
March 1, 20203.883T
February 1, 20203.455T
January 1, 20203.443T
December 1, 20193.427T
November 1, 20193.316T
October 1, 20193.253T
September 1, 20193.203T
August 1, 20193.271T
July 1, 20193.26T
June 1, 20193.275T
May 1, 20193.245T
April 1, 20193.287T
March 1, 20193.382T
February 1, 20193.354T
January 1, 20193.347T
December 1, 20183.401T
November 1, 20183.476T
October 1, 20183.521T
September 1, 20183.56T
August 1, 20183.585T
July 1, 20183.618T
June 1, 20183.651T
May 1, 20183.675T
April 1, 20183.727T
March 1, 20183.801T
February 1, 20183.855T
January 1, 20183.825T
December 1, 20173.851T
November 1, 20173.908T
October 1, 20173.83T
September 1, 20173.875T
August 1, 20173.91T
July 1, 20173.795T
June 1, 20173.763T
May 1, 20173.774T
April 1, 20173.822T
March 1, 20173.856T
February 1, 20173.746T
January 1, 20173.596T
December 1, 20163.532T
November 1, 20163.63T
October 1, 20163.572T
September 1, 20163.736T
August 1, 20163.817T
July 1, 20163.773T
June 1, 20163.826T
May 1, 20163.837T
April 1, 20163.873T
March 1, 20163.898T
February 1, 20163.873T
January 1, 20163.793T
December 1, 20153.836T
November 1, 20154.007T
October 1, 20154.061T
September 1, 20154.029T
August 1, 20153.984T
July 1, 20153.961T
June 1, 20153.92T
May 1, 20153.949T
April 1, 20154.059T
March 1, 20154.031T
February 1, 20153.841T
January 1, 20154.017T
December 1, 20143.935T
November 1, 20143.83T
October 1, 20144.002T
September 1, 20144.049T
August 1, 20144.075T
July 1, 20143.989T
June 1, 20143.949T
May 1, 20143.912T
April 1, 20143.931T
March 1, 20143.886T
February 1, 20143.833T
January 1, 20143.729T
December 1, 20133.718T
November 1, 20133.685T
October 1, 20133.59T
September 1, 20133.487T
August 1, 20133.399T
July 1, 20133.291T
June 1, 20133.202T
May 1, 20133.117T
April 1, 20133.012T
March 1, 20132.935T
February 1, 20132.845T
January 1, 20132.742T
December 1, 20122.676T
November 1, 20122.647T
October 1, 20122.612T
September 1, 20122.595T
August 1, 20122.651T
July 1, 20122.648T
June 1, 20122.619T
May 1, 20122.617T
April 1, 20122.64T
March 1, 20122.655T
February 1, 20122.694T
January 1, 20122.641T
December 1, 20112.62T
November 1, 20112.605T
October 1, 20112.638T
September 1, 20112.638T
August 1, 20112.658T
July 1, 20112.685T
June 1, 20112.649T
May 1, 20112.567T
April 1, 20112.497T
March 1, 20112.395T
February 1, 20112.212T
January 1, 20112.048T
December 1, 20102.017T
November 1, 20101.973T
October 1, 20101.962T
September 1, 20101.961T
August 1, 20101.994T
July 1, 20101.994T
June 1, 20102.002T
May 1, 20102.012T
April 1, 20102.014T
March 1, 20102.08T
February 1, 20102.115T
January 1, 20101.995T
December 1, 20092.026T
November 1, 20092.025T
October 1, 20091.936T
September 1, 20091.801T
August 1, 20091.711T
July 1, 20091.674T
June 1, 20091.684T
May 1, 20091.775T
April 1, 20091.753T
March 1, 20091.647T
February 1, 20091.562T
January 1, 20091.712T
December 1, 20081.666T
November 1, 20081.442T
October 1, 20081.136T
September 1, 2008910B
August 1, 2008848B
July 1, 2008847B
June 1, 2008840B
May 1, 2008835B
April 1, 2008830B
March 1, 2008833B
February 1, 2008830B
January 1, 2008831B
December 1, 2007837B
November 1, 2007834B
October 1, 2007829B
September 1, 2007827B
August 1, 2007830B
July 1, 2007829B
June 1, 2007827B
May 1, 2007826B
April 1, 2007823B
March 1, 2007821B
February 1, 2007820B
January 1, 2007823B
December 1, 2006827B
November 1, 2006817B
October 1, 2006810B
September 1, 2006810B
August 1, 2006810B
July 1, 2006812B
June 1, 2006812B
May 1, 2006813B
April 1, 2006809B
March 1, 2006810B
February 1, 2006805B
January 1, 2006804B
December 1, 2005803B
November 1, 2005794B
October 1, 2005787B
September 1, 2005788B
August 1, 2005783B
July 1, 2005783B
June 1, 2005781B
May 1, 2005776B
April 1, 2005776B
March 1, 2005774B
February 1, 2005773B
January 1, 2005775B
December 1, 2004776B
November 1, 2004771B
October 1, 2004764B
September 1, 2004762B
August 1, 2004757B
July 1, 2004757B
June 1, 2004751B
May 1, 2004745B
April 1, 2004741B
March 1, 2004737B
February 1, 2004735B
January 1, 2004736B
December 1, 2003739B
November 1, 2003731B
October 1, 2003725B
September 1, 2003721B
August 1, 2003721B
July 1, 2003718B
June 1, 2003715B
May 1, 2003714B
April 1, 2003710B
March 1, 2003705B
February 1, 2003701B
January 1, 2003699B
December 1, 2002699B
November 1, 2002689B
October 1, 2002682B
September 1, 2002680B
August 1, 2002680B
July 1, 2002679B
June 1, 2002674B
May 1, 2002669B
April 1, 2002663B
March 1, 2002659B
February 1, 2002655B
January 1, 2002654B
December 1, 2001651B
November 1, 2001640B
October 1, 2001635B
September 1, 2001647B
August 1, 2001622B
July 1, 2001616B
June 1, 2001609B
May 1, 2001606B
April 1, 2001602B
March 1, 2001599B
February 1, 2001596B
January 1, 2001599B
December 1, 2000598B
November 1, 2000590B
October 1, 2000585B
September 1, 2000584B
August 1, 2000583B
July 1, 2000584B
June 1, 2000582B
May 1, 2000581B
April 1, 2000579B
March 1, 2000577B
February 1, 2000578B
January 1, 2000602B
December 1, 1999613B
November 1, 1999583B
October 1, 1999565B
September 1, 1999557B
August 1, 1999551B
July 1, 1999549B
June 1, 1999544B
May 1, 1999541B
April 1, 1999535B
March 1, 1999531B
February 1, 1999526B
January 1, 1999528B
December 1, 1998526B
November 1, 1998518B
October 1, 1998513B
September 1, 1998509B
August 1, 1998505B
July 1, 1998502B
June 1, 1998498B
May 1, 1998495B
April 1, 1998494B
March 1, 1998491B
February 1, 1998488B
January 1, 1998491B
December 1, 1997493B
November 1, 1997485B
October 1, 1997478B
September 1, 1997475B
August 1, 1997474B
July 1, 1997473B
June 1, 1997470B
May 1, 1997467B
April 1, 1997466B
March 1, 1997462B
February 1, 1997460B
January 1, 1997463B
December 1, 1996465B
November 1, 1996457B
October 1, 1996453B
September 1, 1996452B
August 1, 1996451B
July 1, 1996450B
June 1, 1996446B
May 1, 1996443B
April 1, 1996443B
March 1, 1996441B
February 1, 1996436B
January 1, 1996442B
December 1, 1995446B
November 1, 1995439B
October 1, 1995437B
September 1, 1995436B
August 1, 1995436B
July 1, 1995436B
June 1, 1995435B
May 1, 1995434B
April 1, 1995434B
March 1, 1995428B
February 1, 1995423B
January 1, 1995426B
December 1, 1994429B
November 1, 1994423B
October 1, 1994419B
September 1, 1994417B
August 1, 1994415B
July 1, 1994415B
June 1, 1994412B
May 1, 1994407B
April 1, 1994407B
March 1, 1994401B
February 1, 1994398B
January 1, 1994398B
December 1, 1993399B
November 1, 1993392B
October 1, 1993388B
September 1, 1993385B
August 1, 1993381B
July 1, 1993379B
June 1, 1993376B
May 1, 1993371B
April 1, 1993369B
March 1, 1993363B
February 1, 1993360B
January 1, 1993361B
December 1, 1992362B
November 1, 1992356B
October 1, 1992350B
September 1, 1992347B
August 1, 1992343B
July 1, 1992340B
June 1, 1992337B
May 1, 1992335B
April 1, 1992333B
March 1, 1992336B
February 1, 1992331B
January 1, 1992333B
December 1, 1991335B
November 1, 1991328B
October 1, 1991323B
September 1, 1991322B
August 1, 1991320B
July 1, 1991320B
June 1, 1991318B
May 1, 1991314B
April 1, 1991314B
March 1, 1991311B
February 1, 1991307B
January 1, 1991310B
December 1, 1990315B
November 1, 1990314B
October 1, 1990309B
September 1, 1990308B
August 1, 1990305B
July 1, 1990304B
June 1, 1990302B
May 1, 1990297B
April 1, 1990297B
March 1, 1990292B
February 1, 1990288B
January 1, 1990293B
December 1, 1989294B
November 1, 1989288B
October 1, 1989284B
September 1, 1989284B
August 1, 1989284B
July 1, 1989286B
June 1, 1989284B
May 1, 1989281B
April 1, 1989282B
March 1, 1989279B
February 1, 1989275B
January 1, 1989282B
December 1, 1988284B
November 1, 1988279B
October 1, 1988275B
September 1, 1988275B
August 1, 1988275B
July 1, 1988276B
June 1, 1988273B
May 1, 1988269B
April 1, 1988268B
March 1, 1988263B
February 1, 1988261B
January 1, 1988266B
December 1, 1987267B
November 1, 1987262B
October 1, 1987258B
September 1, 1987256B
August 1, 1987255B
July 1, 1987255B
June 1, 1987253B
May 1, 1987251B
April 1, 1987250B
March 1, 1987245B
February 1, 1987243B
January 1, 1987247B
December 1, 1986249B
November 1, 1986242B
October 1, 1986237B
September 1, 1986235B
August 1, 1986233B
July 1, 1986233B
June 1, 1986230B
May 1, 1986226B
April 1, 1986225B
March 1, 1986221B
February 1, 1986218B
January 1, 1986222B
December 1, 1985225B
November 1, 1985220B
October 1, 1985216B
September 1, 1985215B
August 1, 1985213B
July 1, 1985212B
June 1, 1985210B
May 1, 1985207B
April 1, 1985206B
March 1, 1985203B
February 1, 1985200B
January 1, 1985203B
December 1, 1984205B
November 1, 1984201B
October 1, 1984198B
September 1, 1984198B
August 1, 1984197B
July 1, 1984198B
June 1, 1984196B
May 1, 1984193B
April 1, 1984192B
March 1, 1984189B
February 1, 1984187B
January 1, 1984191B
December 1, 1983192B
November 1, 1983189B
October 1, 1983186B
September 1, 1983185B
August 1, 1983185B
July 1, 1983185B
June 1, 1983183B
May 1, 1983181B
April 1, 1983180B
March 1, 1983177B
February 1, 1983177B
January 1, 1983179B
December 1, 1982181B
November 1, 1982178B
October 1, 1982175B
September 1, 1982173B
August 1, 1982174B
July 1, 1982173B
June 1, 1982172B
May 1, 1982170B
April 1, 1982169B
March 1, 1982166B
February 1, 1982168B
January 1, 1982170B
December 1, 1981171B
November 1, 1981167B
October 1, 1981165B
September 1, 1981165B
August 1, 1981166B
July 1, 1981166B
June 1, 1981164B
May 1, 1981163B
April 1, 1981162B
March 1, 1981160B
February 1, 1981159B
January 1, 1981161B
December 1, 1980163B
November 1, 1980162B
October 1, 1980161B
September 1, 1980159B
August 1, 1980158B
July 1, 1980160B
June 1, 1980159B
May 1, 1980158B
April 1, 1980158B
March 1, 1980155B
February 1, 1980154B
January 1, 1980156B
December 1, 1979157B
November 1, 1979154B
October 1, 1979152B
September 1, 1979150B
August 1, 1979149B
July 1, 1979148B
June 1, 1979146B
May 1, 1979145B
April 1, 1979144B
March 1, 1979142B
February 1, 1979142B
January 1, 1979144B
December 1, 1978145B
November 1, 1978141B
October 1, 1978138B
September 1, 1978136B
August 1, 1978135B
July 1, 1978136B
June 1, 1978134B
May 1, 1978132B
April 1, 1978131B
March 1, 1978129B
February 1, 1978129B
January 1, 1978130B
December 1, 1977130B
November 1, 1977128B
October 1, 1977126B
September 1, 1977124B
August 1, 1977124B
July 1, 1977124B
June 1, 1977122B
May 1, 1977121B
April 1, 1977121B
March 1, 1977119B
February 1, 1977118B
January 1, 1977120B
December 1, 1976120B
November 1, 1976118B
October 1, 1976117B
September 1, 1976116B
August 1, 1976116B
July 1, 1976116B
June 1, 1976114B
May 1, 1976114B
April 1, 1976113B
March 1, 1976111B
February 1, 1976111B
January 1, 1976112B
December 1, 1975113B
November 1, 1975111B
October 1, 1975110B
September 1, 1975109B
August 1, 1975109B
July 1, 1975110B
June 1, 1975108B
May 1, 1975107B
April 1, 1975107B
March 1, 1975106B
February 1, 1975106B
January 1, 1975108B
December 1, 1974109B
November 1, 1974107B
October 1, 1974106B
September 1, 1974105B
August 1, 1974105B
July 1, 1974105B
June 1, 1974104B
May 1, 1974103B
April 1, 1974102B
March 1, 197499.6B
February 1, 197499.1B
January 1, 1974100B
December 1, 1973100B
November 1, 197398.3B
October 1, 197397.5B
September 1, 197396.2B
August 1, 197395.8B
July 1, 197395.6B
June 1, 197393.7B
May 1, 197393.1B
April 1, 197392.6B
March 1, 197391.1B
February 1, 197390.3B
January 1, 197391.7B
December 1, 197291.4B
November 1, 197290.5B
October 1, 197291.4B
September 1, 197290.2B
August 1, 197290.1B
July 1, 197290.1B
June 1, 197288.9B
May 1, 197288.5B
April 1, 197287.9B
March 1, 197286.7B
February 1, 197286.1B
January 1, 197287.2B
December 1, 197186.8B
November 1, 197185.5B
October 1, 197184.7B
September 1, 197184.4B
August 1, 197184.1B
July 1, 197184.2B
June 1, 197182.9B
May 1, 197182.4B
April 1, 197181.6B
March 1, 197180.8B
February 1, 197180.6B
January 1, 197181.2B
December 1, 197081B
November 1, 197079.5B
October 1, 197078.7B
September 1, 197078.7B
August 1, 197078.2B
July 1, 197078B
June 1, 197076.9B
May 1, 197076.6B
April 1, 197076.3B
March 1, 197075.3B
February 1, 197075.2B
January 1, 197076.4B
December 1, 196976.8B
November 1, 196975.6B
October 1, 196974.4B
September 1, 196973.8B
August 1, 196973.8B
July 1, 196973.7B
June 1, 196973.5B
May 1, 196973.4B
April 1, 196972.4B
March 1, 196971.8B
February 1, 196972B
January 1, 196972.9B
December 1, 196873.1B
November 1, 196871.7B
October 1, 196870.8B
September 1, 196870B
August 1, 196869.9B
July 1, 196869.7B
June 1, 196868.9B
May 1, 196868.1B
April 1, 196868B
March 1, 196867.5B
February 1, 196867.2B
January 1, 196867.7B
December 1, 196767.8B
November 1, 196766.5B
October 1, 196765.9B
September 1, 196765.2B
August 1, 196764.7B
July 1, 196764.8B
June 1, 196764B
May 1, 196763.4B
April 1, 196763.3B
March 1, 196763.2B
February 1, 196763.3B
January 1, 196763.8B
December 1, 196664.2B
November 1, 196663B
October 1, 196662.6B
September 1, 196662.4B
August 1, 196661.7B
July 1, 196662.1B
June 1, 196661.1B
May 1, 196660.6B
April 1, 196660.5B
March 1, 196659.9B
February 1, 196659.8B
January 1, 196660.5B
December 1, 196561B
November 1, 196559.6B
October 1, 196559.1B
September 1, 196558.6B
August 1, 196558.2B
July 1, 196558.4B
June 1, 196557.8B
May 1, 196557.2B
April 1, 196557.1B
March 1, 196556.7B
February 1, 196556.5B
January 1, 196557.1B
December 1, 196457.7B
November 1, 196456.8B
October 1, 196456.2B
September 1, 196455.9B
August 1, 196455.4B
July 1, 196455.4B
June 1, 196454.9B
May 1, 196454.3B
April 1, 196454.1B
March 1, 196453.8B
February 1, 196453.5B
January 1, 196454.2B
December 1, 196354.9B
November 1, 196353.8B
October 1, 196353.1B
September 1, 196352.9B
August 1, 196352.6B
July 1, 196352.8B
June 1, 196352.2B
May 1, 196351.7B
April 1, 196351.5B
March 1, 196351.2B
February 1, 196351B
January 1, 196351.6B
December 1, 196252.3B
November 1, 196251.3B
October 1, 196251.6B
September 1, 196251.3B
August 1, 196251.2B
July 1, 196251.3B
June 1, 196250.9B
May 1, 196250.5B
April 1, 196250.4B
March 1, 196250B
February 1, 196249.8B
January 1, 196250.6B
December 1, 196151.3B
November 1, 196150.5B
October 1, 196150B
September 1, 196149.6B
August 1, 196149.3B
July 1, 196149.2B
June 1, 196148.9B
May 1, 196148.5B
April 1, 196148.5B
March 1, 196148.4B
February 1, 196148.4B
January 1, 196149.1B
December 1, 196049.8B
November 1, 196050.3B
October 1, 196050.1B
September 1, 196049.9B
August 1, 196050.3B
July 1, 196050.5B
June 1, 196050B
May 1, 196049.7B
April 1, 196049.7B
March 1, 196049.5B
February 1, 196049.6B
January 1, 196050.7B
December 1, 195951.5B
November 1, 195950.9B
October 1, 195950.7B
September 1, 195950.7B
August 1, 195950.7B
July 1, 195950.8B
June 1, 195950.3B
May 1, 195950.1B
April 1, 195950.1B
March 1, 195949.7B
February 1, 195949.8B
January 1, 195950.5B

About Monetary Base: Total

What it measures

The monetary base (FRED series BOGMBASE) is the sum of currency in circulation and depository institution reserves held at the Federal Reserve. It represents the most liquid layer of the money stock, the portion the central bank controls directly through its balance sheet. The Board of Governors publishes the figure monthly, expressed in millions of dollars.

Why it matters

The base is the raw material of the banking system: open market purchases, quantitative easing, and balance sheet runoff all show up here first. Analysts track it to gauge the scale of Fed policy operations, since expansions of the base historically accompany asset purchases and contractions accompany tightening. It also feeds into broader aggregates like M1 and M2.

How to read it

A rising base signals balance sheet expansion by the Fed; a falling base signals runoff or draining operations. Since 2008 the link between the base and broad money has weakened, because banks may hold large excess reserves rather than lend them out. Judge the base alongside reserve balances and the Fed policy stance rather than as a standalone inflation predictor.

Get Monetary Base: Total in Excel

Pull Monetary Base: Total directly into your spreadsheet with a single MarketXLS formula - always current, no copy-pasting:

=MonetaryBase()

View the Monetary Base formula documentation or browse all 100+ Economic Data functions.

Frequently Asked Questions

What is the current Monetary Base: Total?

Monetary Base: Total is 5.488T as of June 2026.

What is the all-time high and low of Monetary Base: Total?

The highest value on record is 6.413T (December 2021) and the lowest is 48.4B (March 1961).

How often is Monetary Base: Total updated?

Monetary Base: Total is published on a biweekly basis, sourced from Federal Reserve Economic Data (FRED).

How do I get Monetary Base: Total in Excel?

Use the MarketXLS Excel formula =MonetaryBase() to pull Monetary Base: Total directly into any cell, with historical values available for analysis.

Basic info
The monetary base (or M0) is the total amount of a currency that is either in general circulation in the hands of the public or in the form of commercial bank deposits held in the central bank's reserves.
RegionUnited States
FrequencyBiweekly
Last updatedJuly 28, 2026
Seasonal adjustmentNot Seasonally Adjusted
UnitBillions of Dollars

Stats
Last Value5.488T
Latest PeriodWk of Jun 1 2026
Last UpdatedJuly 28 2026, 12:01
Value Previous Week5.539T
Change From Previous Week-0.91%
Value 1 Year Ago5.748T
Change From Year Ago-4.52%
Average Growth Rate7.20%/yr
Record High (Dec 2021)6.413T
Record Low (Mar 1961)48.4B
Long-Term Average1.264T
FrequencyBiweekly
AdjustmentNot Seasonally Adjusted
UnitBillions of Dollars

Annual Averages
20265.458T
20255.589T
20245.712T
20235.566T
20225.663T
20216.053T
20204.615T
20193.301T
20183.641T
20173.81T
20163.763T
20153.974T

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