Interest offset pooling and Interest on excess reserves: Difference between pages
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(IOER). | |||
The issue where central banks pay excess returns on deposits from commercial banks, leading to a disincentive to lend into the [[real economy]]. | |||
Revision as of 15:11, 22 August 2013
(IOER).
The issue where central banks pay excess returns on deposits from commercial banks, leading to a disincentive to lend into the real economy.
