Reserve Bank Credit, Treasury Securities and MBS This chart shows how Reserve Bank credit has increased, as the Fed has continued to add treasury securities to its balance sheet. Image: Wells Fargo Investment Institute
Central Bank Gold Purchases Gold remains a key focus for central banks, as it serves to fortify the stability and resilience of their reserves, especially amidst economic turbulence or currency fluctuations. Image: Goldman Sachs Global Investment Research
U.S. 10Y-2Y Yield Curve and Fed Balance Sheet Total Reserves What is the risk of tapering? After Dec-13 tapering, the U.S. Treasury yield curve flattened considerably. Image: Deutsche Bank
Central Bank Balance Sheets as % of GDP The Federal Reserve appears as the central bank with the highest room to increase its balance sheet. Image: Deutsche Bank
China – Required Reserve Ratio vs. M1 Money Supply Growth The People’s Bank of China slashed the reserve requirement ratio for most financial institutions, but M1 money supply growth is currently near the lowest. This is not good news for GDP growth. Image: Jeroen Blokland
Total Allocated Exchange Reserves by Currency The U.S. dollar represents 61% of all central bank foreign reserves. And the total value of all currencies held in foreign exchange reserves is almost $11 trillion. Image: howmuch.net
Atlanta Fed GDPNow U.S. Real GDP Estimate The GDPNow model estimate for U.S. real GDP growth is 2.8% for 2024:Q3, reflecting a positive outlook for the U.S. economy and indicating steady expansion in the coming months. Image: Federal Reserve Bank of Atlanta
U.S. New Private Housing Units Authorized by Building Permits and Recessions In June, U.S. building permits rose to 1,446 million above expectations. Before recessions, building permits tend to peak and then decline Image: Federal Reserve Bank of St. Louis
Probability of U.S. Recession Calculated from the Yield Curve The probability of a U.S. recession in 12 months, calculated from the yield curve, stands at 57.8% in July. Image: Federal Reserve Bank of Cleveland
Wage Growth vs. U.S. Home Price Growth The widening gap between U.S. home prices and wage growth has significant implications for housing affordability and economic inequality, making it harder for lower-income individuals and families to afford homes. Image: Federal Reserve Bank of St. Louis