Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I wasn't aware that ECB reserves had a negative rate. To your point though, if you're a bank and a member of the Federal Reserve System, you definitely can deposit to the Federal Reserve. Banks have a reserve requirement as you mentioned, and in my understanding, that must either be in cash in the vault or deposits with the Fed. I believe the ECB operates with similar rules.


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: