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by jbverschoor
1867 days ago
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https://www.federalreserve.gov/monetarypolicy/reservereq.htm "As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions." I experienced time very differently the past year. I thought it was two years already. But I'm sure there was another announcement similar to that earlier. |
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