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potatoe321 potatoe321
  • 18-07-2016
  • Business
Answered

Why does the Fed pay interest to banks?

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natashamartinez
natashamartinez natashamartinez
  • 18-07-2016

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 10028966
  • 27-04-2021

Answer:It is interest on money held in reserve.

Explanation:

just took the test and made a 100

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