Sentences with phrase «payments on bank reserves»

At the same time, the Fed's expenses, which account for that portion of its earnings that it doesn't pass on to the Treasury, have also grown substantially, mostly owing to its interest payments on bank reserves.

Not exact matches

It also suspends minimum reserve requirements at GDB, and prevents the bank from lending money or making payments on debts that it guarantees.

The presentation suggested that such a facility would allow the Committee to offer an overnight, risk - free instrument directly to a relatively wide range of market participants, perhaps complementing the payment of interest on excess reserves held by banks and thereby improving the Committee's ability to keep short - term market rates at levels that it deems appropriate to achieve its macroeconomic objectives.

The helicopter drop is the transfer payment that the BoJ is making to banks on their existing reserves, which is unnecessary in conventional monetary policy: it is neither a regulatory requirement nor an interest rate which affects market rates.

Meanwhile, Bernanke has made it clear that the most important tool of the Fed during the interim will not be liquidation of these securities, but instead the payment of interest on bank reserves.

As it is, the payment of interest on reserves constitutes a fiscal transfer from taxpayers to commercial banks.

The purpose of this post is to point out that while the payment of interest on bank reserves is now the Fed's primary tool for implementing rate hikes, there are two other tools that the Fed will use over the years ahead in its efforts to manipulate short - term US interest rates and distort the economy.

The fix is straightforward: amend the law to allow interest payments on banks» legally required reserves only, but not on their voluntarily - held excess reserves.

AGM day let's hope we get some answers on, ticket price increase, 3 m payment to our greedy owner and why with reserves of over 170m in the bank we started the season with our squad light of a DM and Defensive cover and sold TV5 and did not replace him as Wenger said he would.

Compare information on the application to paystubs, W - 2 forms, tax returns, bank and investment statements, etc. to determine that sufficient income and funds are available for down payment, closing costs and reserves