Interest Rate on Required Reserves: 1.8 % as of 10-30-2019

The interest rate on required reserves (IORR rate) is determined by the Board of Governors and is intended to eliminate effectively the implicit tax that reserve requirements used to impose on depository institutions. For more information please see: http://www.federalreserve.gov/monetarypolicy/reqresbalances.htm

TBD
Category, Region, Data Source: http://www.federalreserve.gov/

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Stats

Last Value 1.8 %
Latest Period 2019-10-30
Last Updated 2019-10-29 15:46:01-05
Frequency D
Average Growth Rate 0.04
Long Term Average 0.66
Value from 1 Year Ago 2.2
Change from 1 Year Ago -18.18
Unit %
Adjustment %

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