Difference between revisions of "Interest on excess reserves"

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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]].
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(IOER).  
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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.