<p>As Wikipedia says and as it can be easily <a href="https://fred.stlouisfed.org/categories/28" rel="nofollow noreferrer">verified</a>, since 2006, the Fed no longer publishes an M3 indicator (unlike the ECB which still hangs on to that notion). So is there some background or explanation to this 2006 Fed decision to abandon their M3?</p>

<money-supply><money><federal-reserve>
Is there some background/explanation why the Fed discontinued publishing their M3 indicator, circa 2006?
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# Is there some background/explanation why the Fed discontinued publishing their M3 indicator, circa 2006?

(Asked by: username_0 on 2020-04-04)

As Wikipedia says and as it can be easily [verified](https://fred.stlouisfed.org/categories/28), since 2006, the Fed no longer publishes an M3 indicator (unlike the ECB which still hangs on to that notion). So is there some background or explanation to this 2006 Fed decision to abandon their M3?

**Tags:** money-supply, money, federal-reserve

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