As of October 2005, the structure of reserve requirements was 0 percent for all checkable deposits up to $7 million (the exemption), 3 percent for such deposits from above $7 million to $47.6 million (the low-reserve tranche),
board of government
the percentage of a bank's total deposits that must be kept in its possession
the percentage of a bank's total deposits that must be kept in its possession
reserve requirements
The factor that does not reduce the Federal Reserve's control of the money supply is the ability to set reserve requirements for banks.
excess reserve plus the reserve requirements
board of government
savings accounts are not subject to the Fed's reserve requirements because savings accounts are not as liquid as checking accounts.
It protects public deposits.
no the board of governors
the percentage of a bank's total deposits that must be kept in its possession
the percentage of a bank's total deposits that must be kept in its possession
the percentage of a bank's total deposits that must be kept in its possession
Board of Governors
Fat Bodies
reserve requirements
The factor that does not reduce the Federal Reserve's control of the money supply is the ability to set reserve requirements for banks.