Economic TimesLean R·
Global Market: ECB signals future debate on raising bank reserve requirements to reduce central bank losses
The European Central Bank may increase minimum reserve requirements for commercial banks. This move could reduce interest payments made to lenders by the Eurosystem. Such a change might save the Eurosystem nearly €4 billion annually. It also aims to address losses at national central banks. A decision on this proposal is expected later this year.
Read at Economic Times →
