Journal Article

A perspective on possible Fed exit strategies


Abstract: As the IOER rate increases, less money will be given to the Treasury and more will be given to banks for the sole purpose of holding excess reserves (i.e., idle deposits at Federal Reserve Banks).

Keywords: Interest rates; Bank reserves;

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Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2013

Order Number: 21