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Bankowość centralna · 18/04/2017

Federal Reserve to Increase Interest Rates on Excess Reserves and Excess Balances

The Federal Reserve is raising interest rates on excess reserves and excess balances to 1.00 percent, a 0.25 percentage point increase, in an effort to influence the federal funds rate and move it into the target range established by the Federal Open Market Committee.

Source: Federal Register — Federal ReserveOpen original release →