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Interest Rate on Required Reserves (IORR)

Observation:

2017-09-25: 1.25  
Updated: Sep 22, 2017

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily,
7-Day
1Y | 5Y | 10Y | Max
  EDIT LINE 1
(a) Interest Rate on Required Reserves, Percent, Not Seasonally Adjusted (IORR)
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

Interest Rate on Required Reserves

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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

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, September 23, 2017.

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