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Business, 26.12.2019 20:31 robert7248

The fed has just reduced the reserve requirement from 14% to 12%. bigbux bank holds $650 million in deposits. it will need to become more conservative with its lending procedures because it now must hold $78 million in reserves.

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The fed has just reduced the reserve requirement from 14% to 12%. bigbux bank holds $650 million in...
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