The Big Change: 0% Reserve Requirement
In March 2020, the Federal Reserve dropped the reserve requirement for banks to 0%. That means U.S. banks are no longer required to hold any portion of deposits in reserve.
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The Money Question
"The End of Fractional Reserve Banking? Here's What to Know" -
Is fractional reserve banking ending? Learn what it means, what's changing, and how it impacts your money and the financial system today.
