Title: FREDBlog: Monetary Policy Tools Today Paying Interest on all Those Reserves (Reading Q&A)
Course: Alabama Economics Sample Syllabus > Section: Unit 10: The Federal Reserve System & Monetary Policy

Description: The tools of monetary policy change over time. This FRED Blog post uses data from the Board of Governors of the Federal Reserve System to compare total reserve bank balances maintained with Federal Reserve Banks with required reserve balances. We discuss how, after March 26, 2020, the Board of Governors of the Federal Reserve System reduced reserve requirement ratios to zero percent.

Estimated Completion Time: 5 minutes