Martin C.W. Walker
@martincwwalker.bsky.social
Does anyone really understand anything anymore?
So reserve rate in ECB is 0% and €STR is 3.9%
October 25, 2023 at 11:30 PM
So reserve rate in ECB is 0% and €STR is 3.9%
How many banks still have excess reserves? Surely the huge levels of excess reserves (last time I checked) made tweaking the minimum reserve level at ECB irrelevant?
October 23, 2023 at 3:54 PM
How many banks still have excess reserves? Surely the huge levels of excess reserves (last time I checked) made tweaking the minimum reserve level at ECB irrelevant?