Wisconsin Banking Update
Providing banking news in Wisconsin that Wisconsin Bankers can use. Keep on top of all the banking issues that are affecting Wisconsin in one place. If you would like to receive these updates by email please subscribe by entering your email address on the right. There is no cost and no obligation.
-
Opinion: Discontinue Interest on Bank Reserves
Posted on November 22nd, 2010 No comments“If today’s Fed were serious about its desire to speed up the flow of money in our economy to counter deflationary pressures, it would discontinue the relatively new practice of paying interest on excess bank reserve deposits,” wrote a reader in a letter to the editor in the Milwaukee Journal Sentinel.Leave a reply