Journal Article
How Have Banks Responded to Declining Reserve Balances?
Abstract: Reserve balances have declined by more than $1 trillion since 2014, leading banks to increase their holdings of other high-quality assets to meet liquidity requirements. However, the composition of these assets varies substantially across banks, suggesting the drivers of demand for reserves are not uniform.
Keywords: Reserves; Banks and banking; Bank Reserves;
JEL Classification: G21;
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https://www.kansascityfed.org/documents/484/2019-eb19marshsengupta0821.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Kansas City
Part of Series: Economic Bulletin
Publication Date: 2019-08-21
Issue: August 21, 2019
Pages: 4