Monetary Base: Total

Monetary Base: Total is currency plus reserve balances under the central bank's definition, reported as Billions of Dollars.

5523.90

Billions of Dollars

Updated 2026-07-01 · monthly Stable

Monetary Base: Total — latest reading: 5523.90 billions of dollars. As of July 2026, it is down 3.8% over the past 12 months, above its 10-year average. Source: BOGMBASE, US Federal Reserve Board, published monthly. Reported as published, without transformation; the publisher may revise it. Higher than all but 47 of 811 readings since 1959-01-01. Last at or above this level on 2026-05-01.

Min

48.40

Max

6413.10

Average

1268.84

10Y Percentile

61%

3M Change

+1.0%

Jul 2026 · 5,523.9 Billions of Dollars
NBER recession periods

Monetary Base: Total (BOGMBASE) — 811 observations from 1959-01-01 to 2026-07-01. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.

Compare Monetary Base: Total with other indicators →

How these numbers changed

Every figure above is the current one. These are the same periods as first published — what Monetary Base: Total said on the day, before it was restated. Measured in Billions of Dollars.

PeriodFirst printNowChangeRepublished
May 20265538.65538.9+0.3
Jan 20265402.55402.50
Nov 20255301.95302.1+0.2
Oct 20255361.55361.8+0.3
Aug 20255686.45686.1-0.3

Monetary Base: Total for May 2026 first printed at 5538.6 on June 23, 2026, was revised once, and now reads up to 5538.9. Recompute any row from FRED's own vintage archive.

Macro Regime Context

The market regime is currently neutral (60% confidence).

See what this means across all four regime dimensions →

3-Month

+1.0%

6-Month

+2.2%

12-Month

-3.8%

What this means

Monetary Base: Total is currently at 5523.90 billions of dollars, which is above its 10-year historical average. The trend is stable (+1.0% over the past 3 months).

Over the past 6 months the change is +2.2%, and over 12 months it is -3.8%. The short-term pace is consistent with the longer trend.

Cite this page

MacroRadar, "Monetary Base: Total," https://www.macroradar.io/monetary-base-total (as of July 2026).