Difference between revisions of "Interest on excess reserves"

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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]].
 
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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[[Category:Bank_Lending]]
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[[Category:Regulation_and_Law]]

Revision as of 13:46, 9 November 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.