Payment of Interest by the Federal Reserve to Depository Institutions : An Analysis.

Examines proposal for Federal Reserve Banks to pay interest on reserves they hold for depository institutions. Discusses nature of reserves, recent trends, and rationale for paying interest on these reserves. Analyzes alternatives, potential benefits and costs, and budgetary impact.

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], 1998.
Series:	U.S. Congressional Research.
Subjects:	Banks and banking. Dividends. Monetary policy. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Examines proposal for Federal Reserve Banks to pay interest on reserves they hold for depository institutions. Discusses nature of reserves, recent trends, and rationale for paying interest on these reserves. Analyzes alternatives, potential benefits and costs, and budgetary impact.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.