Negative interest on excess reserves
id:
negative-interest-on-excess-reserves-172-2165393
title:
Negative interest on excess reserves
text:
Negative interest on excess reserves is an instrument of unconventional monetary policy applied by central banks to encourage lending by making it costly for commercial banks to hold their excess reserves at central banks so they will lend more readily to the private sector. Such a policy is usually a response to very slow economic growth, deflation, and deleveraging. During economic downturns, central banks often lower interest rates to stimulate growth. Until late in the 20th century, it was t
brand slug:
wiki
category slug:
encyclopedia
description:
Instrument of monetary policy
original url:
https://en.wikipedia.org/wiki/Negative_interest_on_excess_reserves
date created:
2013-04-13T19:31:48Z
date modified:
2024-09-01T19:55:07Z
main entity:
{"identifier":"Q17082564","url":"https://www.wikidata.org/entity/Q17082564"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/c/cd/Government-Vedder-Highsmith-detail-1.jpeg","width":3696,"height":2343}
fields total:
13
integrity:
16