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Examples
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Excess reserves currently earn 0. 25%, but in today's deflationary environment, with nominal rates at historical lows, it's not hard to imagine banks turning into hard-core "savers" if the incentive to park funds risklessly at the Fed were raised even a skoach.
SeekingAlpha.com: Home Page Rick Ackerman 2010
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Excess reserves currently earn 0. 25%, but in today's deflationary environment, with nominal rates at historical lows, it's not hard to imagine banks turning into hard-core "savers" if the incentive to park funds risklessly at the Fed were raised even a skoach.
SeekingAlpha.com: Home Page Rick Ackerman 2010
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