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Unremunerated reserve requirements make the fight against inflation fairer and more effective

Retrieved on: 2023-11-07 00:11:24

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Unremunerated reserve requirements make the fight against inflation fairer and more effective. View article details on hiswai:

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... banks hold at the central bank (bank reserves). As a result, with each interest rate hike, central banks increase the cash transfers to the banks.

Article found on: cepr.org

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