- “the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions.” Does this mean that essentially the fractional reserve system in the US has been abolished? https://www.frbservices.org/resources/central-bank/faq/reserve-account-admin-app.html 2 comments economics
Linking pages
Related searches:
Search whole site: site:www.frbservices.org
Search title: Reserves Administration FAQ
See how to search.