The Federal Reserve today issued a final rule amending Regulation D, which addresses reserve requirements of depository institutions.
The Federal Reserve System paid $88.5 billion out of its annual net income to the U.S. Treasury in 2020, according to figures released today, an increase from 2019.
The Federal Reserve today proposed changes to Regulation D, which addresses reserve requirements of depository institutions.
The Federal Reserve System paid $54.9 billion out of its annual net income to the U.S. Treasury in 2019, according to figures released today.
In a Federal Reserve survey released today, senior financial officers from 80 U.S. banks and U.S. branches of foreign banks reported that their lowest comfortable level of reserve balances was slightly over $652 billion, down slightly from a survey earlier this year.
Banks do not base decisions on how much they should hold in reserve at the Federal Reserve Banks on their desire to earn the interest paid on excess reserves, according to a Fed survey of senior financial officers released today.
The benefits that TNB offers its institutional investor client base would be more than offset by the harm it does to the banking system and the Fed’s use of IOER.
ABA today expressed its support for the Federal Reserve’s proposed approach toward so-called narrow banks.
The Federal Reserve today sought public comment on whether it should reduce the rate of interest paid on excess reserves for banks with a so-called “narrow” model that involves holding a large proportion of its assets on reserve at the Fed.