Bank Funding during the Current Monetary Policy Tightening Cycle

Stephan Luck, Matthew Plosser and Josh Younger

No 20230511, Liberty Street Economics from Federal Reserve Bank of New York

Abstract: Recent events have highlighted the importance of understanding the distribution and composition of funding across banks. Market participants have been paying particular attention to the overall decline of deposit funding in the U.S. banking system as well as the reallocation of deposits within the banking sector. In this post, we describe changes in bank funding structure since the onset of monetary policy tightening, with a particular focus on developments through March 2023.

Keywords: deposits; monetary policy; Fed Funds (search for similar items in EconPapers)
JEL-codes: E52 G01 G21 (search for similar items in EconPapers)
Date: 2023-05-11
New Economics Papers: this item is included in nep-ban and nep-mon
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://libertystreeteconomics.newyorkfed.org/2023 ... cy-tightening-cycle/ Full text (text/html)
https://newyorkfed.org/medialibrary/media/research ... ndingPost_Chart_data Chart data (application/vnd.ms-excel)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fednls:96141

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Liberty Street Economics from Federal Reserve Bank of New York Contact information at EDIRC.
Bibliographic data for series maintained by Gabriella Bucciarelli ().