Birdwatch Note Rating
2023-07-23 06:33:42 UTC - NOT_HELPFUL
Rated by Participant: 3EC9AB54BE944EF18BDCBBA06FB587C0A75EC45545E2A98B39D9EDBA06CF1FDE
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