Federal Reserve updates H.4.1 report, phases out Data Download Program
Summary
During the week of October 21, 2026, the Federal Reserve released its H.4.1 statistical report, which has been updated to reflect recent modifications stemming from the wind-down of the Main Street Lending Program. Specifically, the report removed references to loan participations held by MS Facilities 2020 LLC following their sale, as well as the withdrawal of Treasury equity contributions. Additionally, users are being directed to the Federal Reserve Bank of St. Louis's FRED platform for expanded download options, as the Federal Reserve phases out features from its Data Download Program.
Analysis
Data Download Program: The Data Download Program (DDP) is a Federal Reserve tool that allows users to select and download customized datasets from its economic and financial statistics. The program is being phased out, with its Build Your Package feature scheduled for removal during the week of November 9 to prepare for full retirement. The news highlights the transition of users to alternative access methods for the same data. Federal Reserve Economic Data: Federal Reserve Economic Data (FRED) is a comprehensive database maintained by the Federal Reserve Bank of St. Louis that provides extensive economic time series and download capabilities. It serves as the recommended platform for accessing Federal Reserve statistics following the DDP changes. The release directs users to FRED for continued and expanded data access options. Board of Governors of the Federal Reserve System: The Board of Governors of the Federal Reserve System serves as the central banking authority of the United States, setting monetary policy and overseeing the operations of the twelve regional Federal Reserve Banks. It regularly publishes key statistical releases, including the weekly H.4.1 report detailing factors affecting reserve balances. In this news, the Board issues the October 22, 2026, update reflecting ongoing wind-down of pandemic-related credit facilities. Facility Wind-Down: The H.4.1 release has been updated to remove lines related to the Main Street Lending Program following the sale of remaining loan participations and return of Treasury equity contributions. Data Access Transition: The Federal Reserve is directing users to the St. Louis Fed's FRED platform as the primary source for expanded download options after phasing out features of its own Data Download Program.
Categories
macropolitics