US net liquidity
Latest reading
US net liquidity stood at $5.75T on October 28, 2026, up 2.4% from a year earlier.
Recent readings
| Week of | US net liquidity |
|---|---|
| Oct 28, 2026 | $5.75T |
| Oct 21, 2026 | $5.80T |
| Oct 14, 2026 | $5.87T |
| Oct 7, 2026 | $5.86T |
| Sep 30, 2026 | $5.78T |
| Sep 23, 2026 | $5.77T |
| Sep 16, 2026 | $5.86T |
| Sep 9, 2026 | $5.86T |
| Sep 2, 2026 | $5.77T |
| Aug 26, 2026 | $5.78T |
| Aug 19, 2026 | $5.79T |
| Aug 12, 2026 | $5.80T |
By year
| Year | Reading | Of |
|---|---|---|
| 2026 | $5.75T | Oct 28, 2026 |
| 2025 | $5.70T | Dec 31, 2025 |
| 2024 | $5.99T | Dec 25, 2024 |
| 2023 | $6.16T | Dec 27, 2023 |
| 2022 | $5.83T | Dec 28, 2022 |
| 2021 | $6.90T | Dec 29, 2021 |
| 2020 | $5.77T | Dec 30, 2020 |
| 2019 | $3.78T | Dec 25, 2019 |
| 2018 | $3.70T | Dec 26, 2018 |
| 2017 | $4.11T | Dec 27, 2017 |
| 2016 | $3.75T | Dec 28, 2016 |
What it measures
Our measure of the dollar liquidity the Federal Reserve’s balance sheet leaves in the financial system: the Fed’s total assets, less the cash the Treasury holds at the Fed, less the cash money market funds park at the Fed overnight.
Source: TrendArc, from the Federal Reserve Board’s H.4.1 release (total assets, WALCL, less the Treasury General Account, WTREGEN) and the Federal Reserve Bank of New York’s overnight reverse repo results (RRPONTSYD).
© 2026 Federal Reserve Bank of New York. Content from the New York Fed subject to the Terms of Use at newyorkfed.org.
More macro series
No forecast, no recommendation. This page shows a published economic series and its history; it is not advice. Readings as of Oct 28, 2026; data may be revised by its publisher.