Federal Reserve Bank of Richmond: 'The Diffusion of Bank Reserves in the U.S.'
September 11, 2026
September 11, 2026
RICHMOND, Virginia, Sept. 11 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following white paper (No. 26-12) on Aug. 31, 2026, by Alexander L. Wolman and Huberto M. Ennis entitled "The Diffusion of Bank Reserves in the U.S.."
Here are excerpts:
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The Federal Reserve implements monetary policy using an ample reserves system, which does not require active management of the total quantity of reserves to maintain interest rate contr . . .
Here are excerpts:
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The Federal Reserve implements monetary policy using an ample reserves system, which does not require active management of the total quantity of reserves to maintain interest rate contr . . .