She suggested that the state's demands for lowered reserve levels in the face of fluctuating tax caps was «shortsighted and indicative of fiscal irresponsibility.» (newsday.com)
This is the short - term interest rate at which U.S financial institutions (such as banks, credit unions, and others in the Federal Reserve system) lend money to each other overnight in order to meet mandated reserve levels. (investopedia.com)
Florida, too, has adequate reserve levels to cover a deficit, while both California and New York were found to be lacking, Moody's found. (nystateofpolitics.com)