Interest on excess reserves: Difference between revisions
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imported>Modonovan (Created page with "The issue where central banks pay excess returns on deposits from commercial banks, leading to a disincentive to lend into the real economy.") |
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Revision as of 10:31, 7 June 2013
The issue where central banks pay excess returns on deposits from commercial banks, leading to a disincentive to lend into the real economy.
