Birdwatch Note Rating
2023-07-23 11:14:45 UTC - HELPFUL
Rated by Participant: 29BB3C7F9E2366E97B181BE9500319643D1D3959E1358378B149CDF2372F128D
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