On the recordNovember 3, 2015
The interest we pay on excess reserves will be the key tool that we use in order to raise the Federal funds rate.
Source
congress.govEditor's note · Context
Yellen explains the role of interest on excess reserves in monetary policy.
Share & report
More from Janet Yellen
Jun 12, 2023
It is this level of leadership that Secretary Yellen has also demonstrated on the world stage.
May 20, 2023
the odds of reaching June 15th, while being able to pay all of our bills, is quite low.
Mar 21, 2023
We are also asking for an increase for the Community Development Financial Institutions (CDFI) Fund, which expands credit and financial support to historically underserved communities.
Other voices in this conversation
