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Interest Rate on Required Reserves (IORR)

Observation:

2018-10-22: 2.20  
Updated: 3:51 PM CDT

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily,
7-Day
1Y | 5Y | 10Y | Max
fullscreen

NOTES

Source: Board of Governors of the Federal Reserve System (US)  

Release: Interest on Required Balances and Excess Balances  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Daily, 7-Day

Notes:

The interest rate on required reserves (IORR rate) is determined by the Board of Governors and is intended to eliminate effectively the implicit tax that reserve requirements used to impose on depository institutions.
For more information please see:
http://www.federalreserve.gov/monetarypolicy/reqresbalances.htm

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Interest Rate on Required Reserves [IORR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IORR, October 19, 2018.

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