Why are Banks Holding So Many Excess Reserves is popular PDF and ePub book, written by Todd Keister in 2010-03, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Why are Banks Holding So Many Excess Reserves can be Read Online from any device for your convenience.
Why are Banks Holding So Many Excess Reserves Book PDF Summary
The quantity of reserves in the U.S. banking system has risen dramatically since Sept. 2008. This pattern may indicate that the Federal Reserve¿s (FR) liquidity facilities have been ineffective in promoting the flow of credit to firms and households. Others have argued that the high level of reserves will be inflationary. This report explains why banks are currently holding so many reserves. The examples show how the quantity of bank reserves is determined by the size of the FR¿s policy initiatives and in no way reflects the initiatives¿ effects on bank lending. A large increase in bank reserves need not be inflationary, because the payment of interest on reserves allows the FR to adjust short-term interest rates independently of the level of reserves. Illus..
Detail Book of Why are Banks Holding So Many Excess Reserves PDF
- Author : Todd Keister
- Release : 01 March 2010
- Publisher : DIANE Publishing
- ISBN : 9781437925135
- Genre : Business & Economics
- Total Page : 15 pages
- Language : English
- PDF File Size : 10,8 Mb
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