Federal Reserve Bank of New York Responds to Excess Reserves at Banks
Posted by NHF | Posted in Federal Reserve | Posted on 05-01-2010
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The Federal Reserve Bank of New York released a paper about the massive amounts of excess reserves that banks are packing onto their balance sheets. Below is the link to the PDF:
http://www.newyorkfed.org/research/current_issues/ci15-8.pdf
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