https://gbfinancemag.com/unremunerated-reserve-requirements-make-the-fight-against-inflation-fairer-and-more-effective/
Unremunerated reserve requirements make the fight against inflation fairer and more effective -...
Nov 7, 2023 - The recent rate hikes to fight inflation have led to large transfers of central banks’ profits to commercial banks. This column argues, and provides evidence,
reserve requirementsmake theand moreunremuneratedfight