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Comment by ororroro

I've been trying to figure out what SVB's reserve requirements were and found (https://www.federalreserve.gov/monetarypolicy/reservereq.htm):

"As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions."

Wat?

parent ororroro 3 years ago

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