Birdwatch Note Rating
2023-07-23 09:48:06 UTC - HELPFUL
Rated by Participant: 0C4B65DCE0EF8668CC7AF1C13310B97E876C7D3FE3E3FE2E8894CA9B6D6ADC0E
Participant Details
Original Note:
The 10 percent required reserve ratio against net transaction deposits above the low reserve tranche level was reduced to 0 percent, the 3 percent required reserve ratio against net transaction deposits in the low reserve tranche was reduced to 0 percent. https://www.federalreserve.gov/monetarypolicy/reservereq.htm#:~:text=Effective%20for%20the%20reserve%20maintenance,tranche%20was%20reduced%20to%200
All Note Details