Difference between revisions of "Interest on excess reserves"

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(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.")
 
m (Added acronym to definition - 9/5/13)
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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.
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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 09:50, 9 June 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.