Reserve requirements

On March 26, 2020, the Federal Reserve reduced reserve requirements for all depositary institutions to zero. Instead, banks are now paid a specific interest rate on their reserve balance to encourage holding reserves

• Eurozone 1%

Central Bank, World Bank, FED, ECB, BOJ, Bank of Spain, Bank of England, Banks, FOMC, BaFin, Paul Volcker, PERAB, FRED, Federal funds rate, M2 money, Jekyll Island, repo, Quantitative Easing (QE), Quantitative Tightening (QT), Foreign exchange swap, Money supply M1, M2, M3, Reserve requirements, Kevin Warsh