Proposals to Allow Federal Reserve Banks To Pay Interest on Reserve Balances : The Issues Behind S. 576 and H.R. 4209.

Reviews proposals in 106th Congress to allow the Federal Reserve System to pay interest on depository institution reserves held in Federal Reserve banks in order to encourage depository institutions to maintain higher reserves and avoid potential interest rate volatility. Discusses purposes of Feder...

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Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 2000.
Series:U.S. Congressional Research.
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Call Number: CRS-2000-GVF-0223
 
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