potatoe321 potatoe321

19-07-2016
Business

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Why does the Fed pay interest to banks?

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natashamartinez natashamartinez

19-07-2016

The Fed's ability to pay interest on reserves has become essential. The Fed influences the economy by raising and lowering it's target for the federal funds rate... Hope this helps

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10028966 10028966

28-04-2021

Answer:It is interest on money held in reserve.

Explanation:

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