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Post
9135453
Topic
816847
Board
Economics
How can the interest on reserves be higher than the federal funds rate.
by
theonewhowaskazu
on
09/10/2014, 00:21:59 UTC
> Federal Reserve paying 0.25% on excess reserves.
> Banks lending reserves to each other at 0.08%.
WTF is going on here.
Sources:
http://www.bloomberg.com/quote/FDFD:IND
http://www.federalreserve.gov/releases/h3/current/