Some important charts at the st louis fed. In 2008 "Interest On Reserves" IOR was introduced, which allowed banks that held their money at the federal reserve to receive interest payments at this rate.
Casually added a new mechanic as a result of the gigantic reserve injection from financial crisis
IOR - https://fred.stlouisfed.org/series/IORB#:~:text=The%20interest%20rate%20on%20reserve%20balances%20(IORB%20rate)%20is%20the,important%20tool%20of%20monetary%20policy.
Federal Funds Rate - https://fred.stlouisfed.org/series/FEDFUNDS
Reserve Balances - https://fred.stlouisfed.org/series/WRESBAL
BootstrapBandit / TimK
npub1mm…sdapv
2023-08-07 00:09:29
Author Public Key
npub1mmq006qw73tndqaxw6edpvgttfwudw9c43enp7meuj3x6sy57uysgsdapvSeen on
wss://relay.nostr.bandPublished at
2023-08-07 00:09:29Event JSON
{
"id": "dfae55321ec014a1a3f57c75637937e15ed1a0b638acae17a8afa4c72f28d87e",
"pubkey": "dec0f7e80ef4573683a676b2d0b10b5a5dc6b8b8ac7330fb79e4a26d4094f709",
"created_at": 1691366969,
"kind": 1,
"tags": [],
"content": "Some important charts at the st louis fed. In 2008 \"Interest On Reserves\" IOR was introduced, which allowed banks that held their money at the federal reserve to receive interest payments at this rate.\n\nCasually added a new mechanic as a result of the gigantic reserve injection from financial crisis\n\nIOR - https://fred.stlouisfed.org/series/IORB#:~:text=The%20interest%20rate%20on%20reserve%20balances%20(IORB%20rate)%20is%20the,important%20tool%20of%20monetary%20policy.\n\nFederal Funds Rate - https://fred.stlouisfed.org/series/FEDFUNDS\n\nReserve Balances - https://fred.stlouisfed.org/series/WRESBAL\n\n",
"sig": "0c3c13b851dec6a2c313b63a6fa8972f92597826ca15324198aa97aaa47d0bb46b602efdd21035c21a6fa55d3ae031655e3cf24188004425287e78060939bfa8"
}