Historical Year Data · 2003

Fed Reverse Repo Liabilities in 2003

Fed Reverse Repo Liabilities opened 2003 at 21,091 and closed at 25,652, a +21.63% move for the year. The high of 25,652 was reached on December 31, and the low of 17,386 on November 12.

Open

21,091

2003-01

25,652

53 data points

High

25,652

Dec 31

Low

17,386

Nov 12

Full Year Change

+21.63%

2002 Change

-6.89%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	21,091	18,466	21,091	17,813	-12.45%
Feb	17,986	17,421	17,986	17,421	-3.14%
Mar	17,959	18,231	18,430	17,912	+1.51%
Apr	19,729	20,814	20,814	19,729	+5.50%
May	20,667	21,857	21,857	20,667	+5.76%
Jun	21,673	21,592	22,901	21,211	-0.37%
Jul	21,045	19,316	21,045	19,316	-8.22%
Aug	19,062	19,119	20,344	19,062	+0.30%
Sep	18,757	18,801	19,719	18,757	+0.23%
Oct	22,090	19,286	22,090	18,111	-12.69%
Nov	21,001	17,955	21,001	17,386	-14.50%
Dec	18,731	25,652	25,652	17,657	+36.95%

Events During 2003

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

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