Blog
Why the Fed Pays Interest on Banks' Reserves
Abstract: Do you have a savings account that earns interest? That's similar to how the Federal Reserve acts as the "bankers' bank," an important function.
Access Documents
File(s):
File format is text/html
https://www.stlouisfed.org/open-vault/2018/april/why-fed-pays-interest-banks-reserves
Description: Full text
File(s):
File format is application/pdf
https://fraser.stlouisfed.org/title/open-vault-9398/fed-pays-interest-banks-reserves-687988
Description: Full text
Authors
Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Publication Date: 2018-04-10