The Federal Reserve has confirmed that zero reserve requirements for depository institutions will persist through 2024.

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The Federal Reserve Board today announced technical details related to reserve requirements for depository institutions, which will remain zero…

Reserve requirements for depository institutions
Reserve requirements for depository institutions
reserves still at 0...
Source: https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20231127a1.pdf
Reserve Requirements of Depository Institutions
Reserve Requirements of Depository Institutions
Reserve Requirements of Depository Institutions
Reserve Requirements of Depository Institutions

Wut Mean?:

  • The Federal Reserve Board announced that the reserve requirements for depository institutions will remain at zero.
  • However, as legally required, it provided annual adjustments to the reserve requirement exemption amount and the low reserve tranche for 2024, clarifying that these do not represent a change in reserve requirements.
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https://dismal-jellyfish.com/2024-update-zero-reserve-requirements-continue-for-banks/