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Bankowość centralna · 08/11/2012

Federal Reserve Bank Services Private Sector Adjustment Factor Methodology Modified

The Federal Reserve Board has updated its method for calculating the private-sector adjustment factor, a component of its fee calculation for financial services provided to banks, due to declining clearing balances at Reserve Banks following the elimination of interest payments on required and excess balances in 2012.

Source: Federal Register — Federal ReserveOpen original release →