Discussion Paper

Estimating System Demand for Reserve Balances Using the 2018 Senior Financial Officer Survey

Abstract: In this Note, we introduce a range of estimates of the banking system’s contemporary demand for reserves based on newly available, confidential micro data from a Senior Financial Officer Survey (SFOS) conducted by the Federal Reserve in September 2018.


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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2019-04-09

Number: 2019-04-09