Timeline for With interest rates and inflation in the U.S. low and growth moderate, where is the money going?
Current License: CC BY-SA 3.0
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Aug 26, 2015 at 14:52 | comment | added | dismalscience | The Fed's payment of 0.25% interest on excess reserves does not explain (at least, not by itself) why banks are not engaging in more lending. There's a good explainer from FRBNY on this: libertystreeteconomics.newyorkfed.org/2012/08/… | |
Aug 26, 2015 at 12:50 | vote | accept | user38869 | ||
Aug 26, 2015 at 11:45 | history | answered | suriv | CC BY-SA 3.0 |