Wednesday, 15 October 2014

The Reserve Ratio for U.S. Banks (as of 8 Oct 2014)

The reserve ratio for U.S. banks, calculated as total reserves (required + excess) in percent of M1 money supply, fell to 92.6% for the period ending 8 October. The ratio has now dropped for three consecutive weeks and it was the lowest ratio reported for 13 weeks according to the latest data published by the Federal Reserve.



Related:

U.S. Banks Are Now Operating With 100% Reserves - Is Full-Reserve Banking The Next Step?